Norway's Feb Oil Production Slightly Above Forecast

Terje Solsvik
Friday, March 19, 2021

Norway's oil production slightly exceeded official expectations in February, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday.

Crude oil output slipped 0.6% from January to 1.793 million barrels per day (bpd) in February, while the NPD's forecast for the month had stood at 1.785 million.

Oil output was 1.8% higher than in February of 2020.

The daily output of natural gas in February was at 321 million cubic meters, in line with the NPD's forecast but down from 341 million cubic meters in the same month a year ago.

(Reporting by Terje Solsvik, editing by Nerijus Adomaitis)

Categories: Energy Activity Europe Production

Related Stories

AKOFS Offshore Inks New Vessel Deal with Petrobras

EEW, CS Wind Deliver First Offshore Wind Monopiles for Vattenfall’s Nordlicht I

BOEM Proposes BBG3, Third Gulf of America Lease Sale

Current News

Ndungu Full-Field Starts Up Offshore Angola

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

AKOFS Offshore Inks New Vessel Deal with Petrobras

UK Trade Body Challenges Government View on North Sea Gas Decline

Subscribe for OE Digital E‑News