PDO rush fuels NCS optimism
Early in 2017 NPD estimated development plans for NOK 90 Bn to be submitted within the year. They missed the target by 36.9 percent. As we rounded off 2017, NOK 122.9 Bn of new projects had been submitted – with more to come in 2018.
The NCS market is picking up
Business opportunities are on the up on the Norwegian Continental Shelf (NCS). An impressive NOK 90 billion of new projects are added to the NCS portfolio annually in 2017 and 2018. In 2019 it rises.