Norway's July Oil Output Beats Forecast

Friday, August 16, 2019

Norway's oil production fell 5.2% year-on-year in July to 1.447 million barrels per day, exceeding the official forecast for the month by 2%, Norway's Petroleum Directorate (NPD) said on Friday.

Including condensate and natural gas liquids (NGL), the overall liquids production stood at 1.799 million barrels of oil equivalents per day.

Natural gas output in July fell 9.8% year-on-year to 307.4 million cubic metres per day, lagging NPD's forecasts by 6.2%, it added.


(Reporting by Terje Solsvik, Editing by Lefteris Karagiannopoulos)

Categories: Europe Oil Production Natural Gas

Related Stories

ABL Gets Neptun Deep Job for OMV Petrom in Black Sea

Norway Clears TGS and PGS Merger

DEME Scoops ‘Most Extensive’ Cabling Contract in Its History

Current News

US Plans 12 Offshore Wind Auctions Over Five Years

Equinor Wraps Up Hammerfest LNG Leak Repair, Maintains Friday Restart

Namibia Targets First Oil Production from Venus Field in 2029/2030

Second HVDC Platform Installed at World’s Largest Offshore Wind Farm

Subscribe for OE Digital E‑News