As the global energy security mission continues to keep oil and gas in high demand, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has emphasized that the Norwegian Continental Shelf (NCS) will yield more hydrocarbons in the upcoming years.
While describing the NCS as “a safe harbour in stormy seas,” the Norwegian Offshore Directorate has highlighted that there are still substantial remaining resources, both oil and gas, even after more than 50 years of petroleum activities, as it contemplated perspectives on further development of the shelf, with an emphasis on exploration and resources in existing fields.
