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

ADNOC, XRG and Mitsui Broaden Energy Cooperation

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

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

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Kuwait Sees 70% Oil Output Recovery within Two Months of Hormuz Reopening

Azerbaijan’s Absheron Gas Project Advances with New Sales Agreement

Iran Restarts Output at Three South Pars Offshore Gas Platforms

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears

Current News

Offshore Vessel Pair Ordered from Grandweld Shipyard

ADNOC, XRG and Mitsui Broaden Energy Cooperation

Ruwais LNG Commitments Top 90% Capacity with New INPEX Deal

Saipem Lands $2B FPSO Deal for Offshore Gas Field in Indonesia

Oil Climbs on US-Iran Deal Uncertainty

Saudi Arabia Eyes Oil Pipeline Expansion to Red Sea

Israel Steps Up Mediterranean Gas Search

ADNOC Launches Global LNG Trading Powerhouse

Gastech 2026 to convene global energy leaders in Bangkok as Asia accelerates demand, LNG investment and system transformation

TotalEnergies Sells Malaysia Offshore Gas Field Stake to Inpex

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