Norway, hurt by price slump, eyes glimmer of revival

摘要

Stavanger, Norway—Norway’s offshore oil and gas industry has been hit very hard by the oil price drop, with yet more pain to come, but industry leaders believe the structural adjustments being made and the sector may be turning the corner. The head of Norwegian state company Petoro, which together with Statoil dominates investments on the shelf, said producers were still struggling to come to terms with the demands of the new market.