Norway's August Output Lags Forecast

Published

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

Norway's oil output fell by 10.1% year-on-year in August to 1.353 million barrels of oil equivalents per day, lagging official forecast by 4%, the country's Petroleum Directorate (NPD) said on Tuesday.

Daily natural gas output fell by 19.8% from the year before, lagging forecasts by 11.3%, the NPD added.

"The most important causes for the lower than expected output in August is technical problems and maintenance work at some fields," the agency said in a statement.


(Reporting by Terje Solsvik, editing by Nerijus Adomaitis)

Current News

AF Offshore Secures North Sea Decom Job

AF Offshore Secures North Sea

Island Offshore’s Hybrid OECV Hits Water at Vard Yard in Romania (Video)

Island Offshore’s Hybrid OECV

Jumbo Offshore Wraps Up Errea Wittu FPSO Mooring Pre-Lay in Guyana

Jumbo Offshore Wraps Up Errea

Petronas Takes Operatorship of Oman’s Offshore Block 18

Petronas Takes Operatorship of

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine