Medical and Hospital News  
OIL AND GAS
Maintenance period drags Norwegian oil production lower
by Daniel J. Graeber
Washington (UPI) Oct 19, 2017


Oil production from Norway last month was far lower than expected, but still above figures from last year, a government agency said Thursday.

The Norwegian Petroleum Directorate reported lower sales and lower production, based on preliminary data for September. Preliminary data show oil production was 1.44 million barrels of oil per day, which was about 11 percent lower than expected.

"The oil production was below the forecast in September due to maintenance work on some fields," the NPD's monthly report read.

Preliminary data for September shows a gain over last year of 3.6 percent. Final figures from August show an average daily rate for oil production at 1.56 million bpd. Total discovered and potential resources are up more than 40 percent since 1990.

Norway is one of the larger regional oil and gas producers and designates nearly all of its offshore production for European exports. There were few successes last month in terms of exploration and production. The Norwegian subsidiary of Lundin Petroleum had no luck in finding new reserves near the giant Johan Castberg field in the Barents Sea and Italy's ENI drilled a dry way near the proven Goliat field.

Aker BP, a merger of Norwegian energy companies and a subsidiary of BP, said total third quarter production was 131.1 million barrels of oil equivalent per day, down 8 percent from the same period last year.

"The lower production in the third quarter is primarily due to planned maintenance in the period," Aker BP spokesman Tore Langballe told UPI. "There is no change to the full year guidance."

For the economy, Statistics Norway reported taxes on the extraction of petroleum for September were down 7.1 percent from last year. Christopher O. Hansen, a staff member at the agency, said the trend lower was a reflection of weaker market conditions, relative to 2014.

OIL AND GAS
Iraq seeks BP help in developing recovered Kirkuk oil fields
Baghdad (AFP) Oct 18, 2017
Iraqi Oil Minister Jabbar al-Luaybi called on British energy giant BP on Wednesday to help develop fields in the northern province of Kirkuk recovered from Kurdish forces this week. Luaybi appealed to the firm, whose origins lie in the development of oil in then British-ruled Iraq nearly a century ago, to "quickly make plans to develop the Kirkuk oil fields". The Iraqi oil ministry sign ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Branson calls for sustainable rebuilding of storm-battered Caribbean

Trump warns federal help for Puerto Rico not open-ended

New military op in gang-plagued Rio favela

India's top court bans firecracker sales before Diwali

OIL AND GAS
Lockheed Martin's first GPS III Satellite receives green light from Air Force

exactEarth Announces Agreement with Alltek Marine to Expand Small Vessel Tracking Service Offering

BeiDou navigation to cover Belt and Road countries by 2018

China's BeiDou-3 satellites get new chips

OIL AND GAS
DNA proves Newfoundland was populated by distinct groups three different times

Scientists identify genes critical for hearing

Prehistoric humans are likely to have formed mating networks to avoid inbreeding

Scientists find more modern human traits influenced by Neandertal DNA

OIL AND GAS
Scientists complete conservation puzzle, shaping understanding of life on earth

Scientists discover remains of an ancient bobcat-sized predator in Tanzania

Pangolin trade forces Ghana to look at new wildlife laws

Pumas are surprisingly social, study says

OIL AND GAS
Scientists are successfully breeding disease-resistance into mosquitoes

New test rapidly diagnoses Zika

UC research shows ticks are even tougher and nastier than you thought

A sixth of new HIV patients in Europe 50 or older: study

OIL AND GAS
Hong Kong skyscraper sold for record $5.15 billion: report

Jailed Hong Kong activist Wong found guilty of contempt of court

Mao or never: In Xi's China, a village clings to past

China's People's Daily launches English app in soft power push

OIL AND GAS
Huge Australia-bound cocaine haul siezed by French navy

Indonesia to deport 153 Chinese for $450 million scam

OIL AND GAS








The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.