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

ADNOC, SLB Deploy AI Platform to Manage Drilling Operations

ADNOC, SLB Deploy AI Platform

Intermoor Secures Three-Year Petrobras Offshore Services Deal

Intermoor Secures Three-Year P

Petrobras Makes Offshore Gas Discovery in Colombian Deepwater Block

Petrobras Makes Offshore Gas D

Vattenfall Secures Rights to Build Two Offshore Wind Farms in Denmark

Vattenfall Secures Rights to B

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine