Norway’s government gave the green light to 19 oil and gas projects worth more than 200 billion kroner ($18.6 billion).
The 19 projects involve the opening of new fields, the extension of existing oil and gas fields and investments to increase the rate of hydrocarbon recovery in the North Sea and the Norwegian Sea.
Most of the projects will be carried out by Norwegian groups Equinor and Aker BP, Germany’s Wintershall Dea and Austria’s OMV.