Statistics Norway, the statistics body of the country, has revealed that there is an increase in its estimates for the country’s expenditure in the oil and gas industry next year. The revised estimates indicate that the expenditure will increase to about $22.5 billion due to anticipated increase in production drilling operations.
The growing investment in Norway’s oil and gas sector shows that global demand remains strong over the coming decade. It is therefore not surprising that U.S. companies like GEMXX Corp. (OTC: GEMZ) are similarly conducting exploration activities in Latin America to meet the sustained demand around the…
NOTE TO INVESTORS: The latest news and updates relating to GEMXX Corp. (OTC: GEMZ) are available in the company’s newsroom at https://ibn.fm/GEMZ
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