OSLO, Nov 14 (Reuters) - Norwegian oil and gas investments remain on track for a record level in 2024 and companies have raised their forecasts for 2025 compared to predictions made three months ago, a national statistics office (SSB) survey showed on Thursday.

The country's biggest business sector forecast all-time-high investment of 256.1 billion crowns ($22.9 billion) in 2024, broadly in line with its 257.0 billion estimate made in August and exceeding a record of 224 billion from 2014.

Preliminary estimates for oil and gas investments in 2025 stood at 252.6 billion crowns, compared to a previous estimate of 240 billion in August.

Forecasts will normally rise as companies firm up spending plans in the months leading up to a new year.

($1 = 11.1654 Norwegian crowns)

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https://www.reuters.com/business/energy/norway-maintains-record-oil-gas-investment-plans-2024-2024-11-14/