ƶijϻ

Norway's Oil and Gas Production Declines by 4.9% in March

Wednesday, April 23, 2025

Norway's combined oil and gas production declined by 4.9% in March but still exceeded an official forecast for the month by 1.1%, the Norwegian ƶijϻ Directorate (NOD) said on Wednesday.

Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies from month to month depending on maintenance needs and other stoppages at more than 90 offshore fields.

Overall oil, condensate, natural gas liquids and gas output stood at 0.665 million standard cubic metres per day, equivalent to 4.18 million barrels of oil equivalent, a decrease of 4.9% year-on-year.

Natural gas production in March fell to 351.3 million cubic metres (mcm) per day from 366.2 mcm a year earlier, exceeding a forecast of 349.8 mcm by 0.4%, the regulator said on its website.

Crude oil output fell to 1.76 million barrels per day (bpd) in March from 1.84 million bpd in the same month last year, and came in above a forecast of 1.69 million bpd, NOD's preliminary data showed.


(Reuters - Reporting by Terje Solsvik, editing by Nora Buli)

Categories: Industry News Activity Europe Production Oil and Gas

Related Stories

Agogo FPSO to Reach Azule Energy’s Field off Angola in Mid-May (Photos)

TWMA Hooks ‘Major Contract’ with BP in North Sea

Newbuild USV Challenger Getting Ready for Remote-Controlled Subsea Work

Current News

National Grid Takes $402 Million Hit on Paused New York Wind Project

Libya's Latest Oil and Bidding Round Attracts Over 40 Applicants

Mitsui’s STATS Rolls Out Titanium Connector for Oil and Gas Sector

Indonesia Grants Approval to Kuwaiti Firm for Anambas Block in Natuna Sea

Subscribe for OE Digital E‑News