Tagged: oil production

Riis-Johansen has faith in new oil area in Norway

Despite the fact that oil production is down on the Norwegian shelf it is still very attractive to investors, according to oil and energy minister. According to NPD, 40 percent of the Norwegian oil...

Norwegian Petroleum Directorate sees an increase in oil

Norwegian Petroleum Directorate said in its latest production report that oil production on the Norwegian continental shelf is likely to reach a level in October which is the highest level since July 2009. The...

Norway eyes “end of oil” in eight years

Norwegian leaders at the top of a bloated bureaucracy — much of it devoted to controlling, monitoring and planning oil production — are under fire after a new report suggests oil-rich Norway has just...

StatoilHydro plans 21 production shutdowns this year

A total of 21 production shutdowns are planned by StatoilHydro on the Norwegian continental shelf during 2009. This extensive work programme aims to achieve safer and more efficient facilities. In addition to required maintenance...

Norway March oil output falls to 2.15 mln bpd

Norway’s oil production fell to a preliminary 2.15 million barrels per day on average in March from nearly 2.17 million in February, the Norwegian Petroleum Directorate said on Thursday. Production of natural gas liquids...