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

Russia Seeks to Boost Oil Exports to China as Sanctions Tighten

Russia's Lukoil Takes Up Gunvor’s Offer for Foreign Assets

US Pressure on India Could Propel Russia's Shadow Oil Exports

ABL Secures Rig Moving Assignment with India's ONGC

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

CNOOC Brings Online Another Oil and Gas Project in South China Sea

CNOOC Brings New Offshore Gas Field On Stream

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Current News

BP Hires Seatrium to Deliver Tiber FPU in Gulf of America

Venture Global, Tokyo Gas Ink 20-Year LNG Supply Deal

Greater Sunrise Moves to Next Phase with Timor-Leste, Woodside Deal

Russia Seeks to Boost Oil Exports to China as Sanctions Tighten

Blackford Dolphin Semi-Sub to Keep Drilling Offshore India

Aramco Expands US Partnerships with $30B in New Deals

Pakistan Greenlights TPOC-Led Offshore Exploration in Block-C

TechnipFMC to Supply Subsea Systems for Eni’s Maha Deepwater Project

SED Energy’s GHTH Rig Kicks Off Ops for PTTEP

MODEC Forms Dedicated Mooring Solutions Unit

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