Offshore Norway, which published the new forecast based on a survey of its members, had previously predicted 2024 oil and gas investments would amount to 194.3 billion crowns. The rise was the result of new developments, increased scope of ongoing projects as well as inflation and a weak currency, the group said. Significant oil and gas companies in Norway include Equinor EQNR.OL, Aker BP AKRBP.OL, Vaar VAR.OL, Conocophillips COP.N and Shell SHEL.L.