Norway's Oil Output in March Lower than Expected

Nerijus Adomaitis
Friday, April 17, 2020

Norway's oil production fell in March from the previous month, missing official forecasts by 4.4% due to technical problems at some fields, the Norwegian Petroleum Directorate said on Friday.

The country's crude oil output was down by 4.5% month-on-month from February to 1.68 million barrels per day. The output year-on-year, however, was up by 21%, mainly thanks to the ramp-up of Equinor's giant Johan Sverdrup oilfield.

Daily natural gas output rose by 1.1% month-on-month, more than officially forecast, but it was 2% down from a year ago. Overall monthly gas output in March totaled 10.7 billion cubic meters.

(Reporting by Nerijus Adomaitis, editing by Gwladys Fouche)

Categories: Industry News Europe Production

Related Stories

Astro Offshore Expands Subsea Capability with New MPSV

North Star Bolsters Leadership Team to Support Offshore Wind Growth

Aker BP Brings Symra Field On Stream Nine Months Early

Current News

Astro Offshore Expands Subsea Capability with New MPSV

Petrobras Takes Operatorship of Offshore Block in Central Africa

TGS to Advance Offshore Seismic Development In Equatorial Guinea

ADES Boosts Backlog with Several Drilling Rig Deals off Nigeria

Subscribe for OE Digital E‑News