Norway's December Oil Output Beats Forecast

Published

Johan Sverdrup field offshore Norway; Image by Photographer: Illustration; Ole Jørgen Bratland / Equinor
Johan Sverdrup field offshore Norway; Image by Photographer: Illustration; Ole Jørgen Bratland / Equinor

Norway's oil production rose in December from the previous month, beating official forecast by 12.7% as the ramp-up of a major new field continued, the Norwegian Petroleum Directorate (NPD) said on Friday.

Output from the giant Johan Sverdrup, which came on stream in late October, helped lift Norway's December crude output by 4.3% from November and 17% year-on-year.

Daily natural gas output rose by 3.2% month-on-month, lifting the overall monthly output to 10.7 billion cubic meters and exceding the industry regulator's forecast by 0.7%. 

(Reporting by Terje Solsvik, editing by Gwladys Fouche)

Current News

AF Offshore Secures North Sea Decom Job

AF Offshore Secures North Sea

Island Offshore’s Hybrid OECV Hits Water at Vard Yard in Romania (Video)

Island Offshore’s Hybrid OECV

Jumbo Offshore Wraps Up Errea Wittu FPSO Mooring Pre-Lay in Guyana

Jumbo Offshore Wraps Up Errea

Petronas Takes Operatorship of Oman’s Offshore Block 18

Petronas Takes Operatorship of

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine