Norway bolsters oil-industry defences against foreign takeovers
Move is seen as potentially targeting growing Russian interest in its resources
Oslo
NORWAY is seeking greater leeway to restrict foreign ownership of its offshore fields, a move seen to be potentially targeting a growing Russian interest in its resources.
In recent proposed changes to industry regulations, the Norwegian government beefed up its possibility to reject non-European entities on grounds of national security from acquiring offshore oil and gas licences.
"I would interpret this as a wish to establish a safer legal basis to impose…
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