Norway's Oil and Gas Output Lag Forecasts in February

Published

©donvictori0/AdobeStock
©donvictori0/AdobeStock

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)

Current News

Solstad Lines Up Work for Normand Tonjer CSV

Solstad Lines Up Work for Norm

Petrobras Returns to Namibia with Offshore Block Stake Acquisition

Petrobras Returns to Namibia w

BW Energy’s Planned Angola Entry Challenged by Pre-Emption Rights

BW Energy’s Planned Angola Ent

Germany’s PNE Loses Bid for Vietnam’s Offshore Wind Project

Germany’s PNE Loses Bid for Vi

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine