Norway Machinery and Equipment Tenders

The Norwegian Machinery and Equipments market is expected to reach a value of US$4.26 billion in 2023. However, it is projected to experience a decline in the coming years, with a compound annual growth rate (CAGR) of -7.98% from 2023 to 2028.

Government procurement plays a significant role in the Machinery and Equipments market in Norway. The value added in the sector is expected to reach US$2.12 billion in 2023, highlighting the government's strong investment in machinery and equipment.

The primary focus of government procurement lies in specific product categories:
Construction Machinery: Excavators, bulldozers, and cranes are vital for infrastructure development projects.
Oilfield Equipment: Specialized equipment for drilling, extraction, and processing of oil and gas.
Medical Equipment: Hospitals and healthcare institutions require advanced diagnostic and treatment tools.
Defense Equipment: Military procurement includes vehicles, weapons, and communication systems.

Several key authorities oversee government procurement in Norway:
The Norwegian Public Procurement Directorate (NPPD): Responsible for developing and enforcing procurement regulations.
The Norwegian Ministry of Finance: Provides guidance and oversight for government spending.
Individual government agencies: Each agency has its own procurement department responsible for specific needs.

Major companies consistently securing government contracts include:
Weatherford International PLC
Schlumberger Limited
Baker Hughes Company
Halliburton Company
TechnipFMC plc

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