Norway's May Oil and Gas Output Tops Forecast

Published

An offshore platform complex in Norway/Credit: Lukas Z/AdobeStock
An offshore platform complex in Norway/Credit: Lukas Z/AdobeStock

Norway's oil and gas production exceeded official expectations in May, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.

Crude oil output declined 4.2% from April to 1.654 million barrels per day (bpd) in May, while the NPD's forecast for the month had stood at 1.591 million bpd.

Norway's output of natural gas in April totaled 8.7 billion cubic meters (bcm), above the NPD's forecast of 8.49 bcm. 

(Reporting by Nerijus Adomaitis and Terje Solsvik, editing by Gwladys Fouche)

Current News

Senegal to Nationalize Kosmos-Run Yakaar-Teranga Gas Project

Senegal to Nationalize Kosmos-

Chevron Among Top Bidders at Gulf of Mexico Oil and Gas Auction

Chevron Among Top Bidders at G

Thistle Wind Partners Submits Plans for Bowdun Offshore Wind Farm

Thistle Wind Partners Submits

Seatrium Gets Repeat Order from IMI for Arabia 4 Jack-up Rig

Seatrium Gets Repeat Order fro

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine