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  • International Politics


    Øystein Noreng, Contributing Editor

    Will Norway get one major oil company? Discussion is starting in Norway on the oil and natural gas industry’s future structure. Conservative Industry Minister Ansgar Gabrielsen surprised almost everyone by saying publicly that there is now less need for diversity on the Norwegian shelf, and that a merger of Statoil and Hydro’s petroleum divisions "would not be a bad solution." Most surprised was Christian Democrat Oil and Energy Minister Einar Steensnæs, who several times had stated a different opinion. Industry Minister Gabrielsen also seems to be at odds with his own Conservative Party, whose policies clearly favor diversity and competition.

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