OSLO, Nov 12 (Reuters) - Investment spending by Norway's oil and gas industry should fall to some 118 billion Norwegian crowns ($21.11 billion) next year, a lobby group estimated on Thursday.
For 2009, investments are seen at 129 billion crowns, The Norwegian Oil Industry Association (OLF) said in a report.
(Reporting by Joergen Frich)
DUBAI (Reuters) - Gulf Arab states are likely to keep their large spending packages in place next year, even as major economies withdraw stimulus, as higher oil prices give the world's top oil exporting region enough room to support a fragile recovery.
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