Norway's August Oil Output Beats Forecast, Gas Lags

Nerijus Adomaitis
Thursday, September 23, 2021

Norway's oil production beat official expectations in August, while its natural gas output lagged, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Thursday.

Crude oil output rose to 1.81 million barrels per day (bpd) in August from 1.75 million bpd in July, above official forecast of 1.76 million, the NPD said.

Natural gas production in August fell to 9.3 billion cubic meters (bcm) from 9.7 bcm a month ago, while the NPD expected it to be at 9.7 bcm. 

(Reporting by Nerijus Adomaitis, editing by Gwladys Fouche)

Categories: Energy Activity Europe Production

Related Stories

Orbital Marine Power Secures $9.31m Investment

CorPower Ocean Takes Charge of $35M Wave Energy Project off UK

Equinor’s First Hybrid Power Complex Starts Operations

Current News

Orbital Marine Power Secures $9.31m Investment

Shell Seeks Buyer for 20% Stake in Brazilian Oilfield Cluster

VAALCO Energy Spuds First Well in New Drilling Campaign off Gabon

US Judge Overturns Trump’s Freeze on Wind Energy Permits

Subscribe for OE Digital E‑News