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

Valeura Finds New Oil Near Manora Field in Gulf of Thailand

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

TPAO Eyes Karabakh Offshore Expansion with SOCAR

SED Energy Holdings and Ventura Offshore Set to Combine Ops

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Energean Lifts Karish Fields FPSO Oil Processing Capacity

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Current News

PTTEP Gets Thai Approval for Offshore Stake Transfer to Valeura Energy

Valeura Finds New Oil Near Manora Field in Gulf of Thailand

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Greater Sunrise Gas Production Pushed Back to 2034

SED Energy Holdings and Ventura Offshore Set to Combine Ops

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