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Tag Archives: Norway


3 IOGP Members (Statoil, Shell and Total) have announced a partnership to store CO2 offshore Norway. Source: Statoil  

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$1 Trillion

Norway’s Oil and Gas fund is now worth over $1 trillion.  Money to spend on health, education and infrastructure. One of the many advantages of oil and gas production. Source: Norges Bank Investment Management (NBIM)

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Norway’s remaining oil and gas resources are considerable. Evan after decades of production, 2/3 of the country’s estimated discovered and undiscovered gas resources remain, along with 1/2 of its oil resources. Source: http://www.iea.org  

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