Norway's June Oil Output Below Expectations

Nora Buli
Wednesday, July 21, 2021

Norway's oil production lagged official expectations in June, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Wednesday.

NPD cited technical problems and maintenance outages as reasons for the lower-than-expected production.

Natural gas production also underperformed predictions last month.

Crude oil output rose to 1.674 million barrels per day (bpd) in June from 1.654 bpd in May, was fell short of the 1.736 million bpd which the NPD had forecast.

Norway's output of natural gas in June totaled 7.9 billion cubic metres (bcm), below the NPD's forecast of 8.55 bcm. 

(Reporting by Nora Buli; editing by Jason Neely)

Categories: Energy Activity Europe Production

Related Stories

Trump Calls Out California, UK Energy Deal

Jifmar, Seavium Partner to Roll Out AI Across Offshore Fleet

Aker Solutions Nets Five-Year Deal with Aker BP for Norwegian Assets

Current News

Mammoet Completes Record Module Loadout at Khalifa Port for Gas Project

Santos Prevails in Legal Challenge Over Climate Claims

Trump Calls Out California, UK Energy Deal

DOF Group ASA Awarded Contract in Argentina

Subscribe for OE Digital E‑News