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
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading

Jobs

See all jobs