OSLO, Norway, Aug. 24 (UPI) -- The Norwegian government said that, after falling more than 10 percent, investments in the energy sector next year should see another steep decline.
The Norwegian government's statistics office said total investments in oil and gas extraction and pipeline transport for the year are estimated to reach just under $20 billion, a 1.5 percent decline from the previous full-year estimate. The government attributed the decline to the reclassification of some fields that moved from development to production this year.