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

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

Russia Seeks to Boost Oil Exports to China as Sanctions Tighten

ABL Secures Rig Moving Assignment with India's ONGC

Vietsovpetro Brings BK-24 Oil Platform Online Two Months Early

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Brownfield Output Decline Accelerates, says IEA

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

Current News

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

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