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Norway Big Oil dangles 150b kroner investments in return for tax breaks

As the nation heads for elections next month, oil industry players hope to break stalemate of last 4 years

Published Mon, Aug 14, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Oslo

    NORWAY'S oil industry says it has some major investments in store if the government can just come through with some tax incentives.

    It's still hoping for tax breaks to encourage recovery of oil from older fields. Those failed to materialise over the past four years even as the industry went through its worst investment collapse in a generation.

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