Norway's December Oil Output Misses Forecast

Tuesday, January 22, 2019

Norway's oil production fell by 2.1 percent year-on-year in December and lagged the Petroleum Directorate's forecast for the month by 2.5 percent amid technical problems at some offshore fields, the industry regulator said on Monday.

December natural gas output fell by 2.5 percent year-on-year, lagging forecasts by 3.6 percent, it added.

Norway recently predicted its 2019 oil output would fall to a 30-year low, although it is expected to rebound next year following the start-up later this year of the giant Johan Sverdrup oilfield.


(Reporting by Terje Solsvik, editing by Gwladys Fouche)

Categories: Offshore Energy Europe Production

Related Stories

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

James Fisher, Aquaterra Launch Global Decommissioning Partnership

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Iran War Sparks Global Rush to Build Strategic Oil Reserves

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Capricorn Energy Grants Third Extension for Potential Takeover Offer

Current News

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jadestone Energy Lifts Malaysia Production with Second Online Well

Searah Malaysia Starts Upstream Oil and Gas Operations

Inpex Starts Construction of Indonesia's Abadi LNG Project

Hormuz Crossings Decline as US Renews Iran Blockade

Oil Rises 2% as Middle East Hostilities Escalate

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Unity Enters Asia-Pacific Market with Malaysia P&A Work

Oil Surges to Four-Week High as US-Iran Trade Blows

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com