Norway’s oil and gas production is at an all-time high, bouncing back solidly from a year of pandemic restrictions and curbs on production. Norwegian firm Equinor is running the show with oil and gas revenues doubling and new discoveries by the company suggesting that Norway will continue to produce fossil fuels well into the coming decades.
As the oil industry was battling with Covid-19 pandemic restrictions and the severe decrease in oil demand throughout 2020, Norway was able to weather the storm thanks to tax breaks on oil and gas…Norway’s Oil Boom Is Only Just Beginning
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