The Norwegian Petroleum Directorate (NPD) has released revised figures for investments on the NCS over the coming years. Until 2020, the NPD estimate a cut in investments of NOK 175 billion (€ 20 billion). This prognosis is based on figures collected before the latest fall in the oil price, and based on an oil price of USD 60-70. - Consequently, the fall in investments could be even stronger, particularly if the oil price should stay below USD 50, Bente Nyland says. Analysts in DNB say that “luckily, “we have Johan Sverdrup”. - Without this one, major development, the fall in investments would be twice as much as the NPD predicts, says chief economist, Kjersti Haugland. Her colleague, Torbjørn Kjuus, says that globally, they expect oil investments to come down by USD 200 billion. Nyland, however, maintains a degree of optimism, as she predicts that the industry will come out of this downturn leaner and fitter, and thus secure a profitable industry for years to come.