The combined Norwegian industry noted a production setback in the fourth quarter 2016, and low activity among subcontractors to the oil and gas sector contributed to this development, according to Norwegian statistics bureau Statistisk Sentralbyrå's business survey for the fourth quarter 2016.
This development applies especially to the machine industry, the construction of new vessels and oil rigs, and machine repairs and installations, which according to the bureau noted decreasing production as a direct result of the lower activity in the oil and gas sector.
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