Mergers & acquisitions (M&A) activity is also set toremain firm in the region where Russian majors are continually making inroads,the report from Norwegian consultancy WEPC and Singaporean research house1Derrick said.
There was continued investment and development in the fields& discoveries sector in the Norwegian and UK offshore markets last yearwith around 16 new fields commencing production – nine in the UK and seven inNorway – the report claimed.
