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

Equinor Launches Marine Robotics Test Center for Offshore Ops (Video)

Harbour Energy Raises 2026 Outlook Again on Record Output

Kistos Strikes Deal for 30% Stake in Two UK Offshore Gas Fields

Current News

Onshore Cable Installation at Maasvlakte for Offshore Wind Enter Final Phase

Sonardyne Begins Seabed Monitoring for Offshore CCS Project

HPR Secures Taiwan Offshore Wind Deal After High-Current ROV Trials

BP Takes Operatorship of Three Namibia’s Offshore Licenses in Eco Farm-Down

Subscribe for OE Digital E‑News