Norway's February Production In Line with Forecast

Nerijus Adomaitis
Thursday, March 12, 2020

Norway's oil production rose in February from the previous month, broadly in line with the official forecast, as the ramp-up of a major new field continued, the Norwegian Petroleum Directorate (NPD) said on Thursday.

Output from the giant Johan Sverdrup, which came on stream in late October, helped lift Norway's February crude output by 5.8% from January and 25.9% year-on-year to 1.75 million barrels per day.

Daily natural gas output rose by 1.6% month-on-month, also broadly in line with the forecast, but it was 5% down from a year ago. 

Overall monthly gas output in February totaled 10 billion cubic meters. 

(Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

Categories: Europe Production

Related Stories

Petrobras Taps Strohm for Deepwater Pipe Supply

MET Group, Shell Ink New Long-Term US LNG Deal

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Current News

Petrobras Taps Strohm for Deepwater Pipe Supply

Senegal, Eni to Assess Five Offshore Oil and Gas Blocks

MET Group, Shell Ink New Long-Term US LNG Deal

Libya Plans Major Gas Output Boost Over Next Five Years

Subscribe for OE Digital E‑News