STAVANGER (Dow Jones Newswires), August 26, 2008 The head of Norway's oil industry association, or OLF, said the level of oil and gas investment in Norway has entered a new phase, peaking at around NOK 100 billion a year for an unusually sustained period, supporting "very high activity." Per Terje Vold, chief of OLF, told Dow Jones: "There is very active business going on across the whole Norwegian continental shelf. Gross investment including exploration expenditures are well...
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