Norway’s 2022 oil and gas output forecast close to record high – NPD

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

(Reuters) – Norwegian oil and gas investments will begin to rise in 2018 after falling for the last four years, the Norwegian Petroleum Directorate (NPD) said on Thursday.

By 2022, the combined output of oil and gas from the country’s fields could approach record levels last seen in 2004, it added.

Oil and gas would each account for about half of production, the regulator said.

- ADVERTISEMENT -
ADVERTISEMENT

Partnered Events

Latest News

Suriname puts 60% of offshore basin on offer in new Staatsolie open-door programme

Staatsolie launched its new Open-Door Offering this morning, creating new opportunities for exploration and production companies to enter the...

More Articles Like This