Exploration & Production

Norwegian election gives boost to gas producers

The results of Norway’s parliamentary elections provide a signal of stability to exploration companies in the region The results of Norway’s parliamentary elections provide a signal of stability to exploration companies in the region.
By Annemarie Botzki 14 September 2017 0 27584
Norwegian Prime Minister Erna Solberg expresses elation at winning the country's election Norway's Prime Minister Erna Solberg (centre) reacts to her election win. (PA)

Victory for Norway’s Conservative government in the country’s general election on Monday is good news for oil and gas companies, according to analysts. 

Norway’s Conservative Prime Minister Erna Solberg, together with populist-right coalition partner the Progress Party and two other centre-right allies, won 88 seats in the 169-seat parliament, according to the country’s election directorate

As the governing centre-right coalition has maintained its majority, experts anticipate a stable environment for the oil and gas industry. 

“The two largest parties in Norway are still [in favour of]...