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

Inpex Moves $21B Indonesian LNG Project Closer to Investment Decision

Seatrium Inks $390M Deal to Complete Four Offshore Rigs for Keppel’s Rigco

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

TGS to Reprocesses Seismic Data for Petronas’ Megah Discovery

Kazakhstan Resumes Action to Collect $5.2B Kashagan Field Fine

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

TPAO Eyes Karabakh Offshore Expansion with SOCAR

Energean’s Profit Rises as Israeli Gas Operations Recover

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Current News

Woodside Exit Sends East Timor Searching for Greater Sunrise Partner

QatarEnergy Signs Supply Deal for LNG from Woodside's Louisiana Project

Strohm Nets Ultra-Deepwater Supply Deal for Southeast Asia’s Gas Scheme

Damaged Tanker Leaks Oil Across UAE Waters as Spill Widens

Energy Drilling Lands $87M Drilling Job Offshore Malaysia

Inpex Moves $21B Indonesian LNG Project Closer to Investment Decision

Woodside Agrees to Sell Greater Sunrise Stake to TIMOR GAP for Up to $200M

Seatrium Inks $390M Deal to Complete Four Offshore Rigs for Keppel’s Rigco

Indonesia Cuts Singapore Pipeline Gas Flows by 9% to Meet Domestic Demand

Idemitsu Taps PV Drilling for Vietnam's Offshore Drilling Campaign

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