Norway's Oil and Gas Output Lag Forecasts in February

Victoria Klesty
Tuesday, March 21, 2023

Norway's crude oil output grew slightly in February from January but lagged an official forecast, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday. 

Crude oil output was 1.78 million barrels per day (bpd) against 1.77 million in January and a forecast 1.83 million, the NPD said in a statement. Natural gas output declined in February, to 353.9 million cubic metres (mcm) per day from 356.8 mcm per day in January, lower than the forecast 358.1 mcm per day, it said. 

(Reuters - Reporting by Victoria Klesty, editing by Anna Ringstrom)

Categories: Energy Activity Europe Production

Related Stories

LDA’s Unit Buys DP2 Multi-Purpose Vessel to Expand Subsea Services

North Star Bolsters Leadership Team to Support Offshore Wind Growth

Orsted: Middle East Energy Crunch Rejuvenates Europe Offshore Wind Push

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