Low oil activity drags down Norwegian production
Low activity among subcontractors to the oil and gas sector contributed to an overall decrease in Norwegian industry production during the last three months of 2016. The vessel and rig construction sector took a hit, among others.
BY SØREN PICO, SHIPPINGWATCH
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.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Media: Statoil halved maintenance at problematic refinery
For subscribers
New oil licenses suggest mild interest in the Barents Sea
For subscribers
Fewer companies hunting for Norwegian oil
For subscribers
.jpg&w=384&q=75)
