Norway's March Oil Output Dips

(Photo: Roar Lindefjeld and Bo B. Randulff  / Equinor)
(Photo: Roar Lindefjeld and Bo B. Randulff / Equinor)

Norway's oil production dropped 8.2 percent in March year-on-year to 1.396 million barrels per day, lagging the official forecast for the month by 1.5 percent, Norway's Petroleum Directorate (NPD) said on Friday.

Technical problems at certain fields were one of the main reason why oil production came in below forecast, NPD said.

Natural gas output in March rose 3.3 percent in the same period to 359.1 million cubic meters per day, exceeding NPD's forecasts by 2.4 percent, it added.

For February, the natural gas production of Europe's second-largest gas supplier stood at 11.1 billion cubic meters.


(Reporting by Terje Solsvik, Editing by Sherry Jacob-Phillips)

Current News

Harbour Energy Boosts Production Outlook After Wintershall Deal

Harbour Energy Boosts Producti

SBM Offshore Ups 2025 Revenue Forecast After Strong Half-Year Results

SBM Offshore Ups 2025 Revenue

Germany: No Auction Bids Raises Alarm for Future Offshore Wind Tenders

Germany: No Auction Bids Raise

Yinson Production Completes Buy-Out of FPSO Atlanta Project Loan

Yinson Production Completes Bu

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine