Norway’s prelim September oil output below forecast

Norway’s prelim September oil output below forecast

Norway’s preliminary oil output dropped 11 percent in September compared with the same month last year and underperformed the Norwegian Petroleum Directorate’s forecast for the month by 4 percent, the agency said on Tuesday.“Production is less than last month and the main reason for this is that several fields were closed for maintenance,” the NPD added.The Goliat field, operated by Italy’s ENI, was shut between Aug. 26 and Sept. 27.PRELIMINARY MONTHLY PRODUCTIONPrelim Sept Final Aug Prelim AugustOil 1.375 1.572 1.558NGL and condensate 0.216 0.364 0.337Natural gas 6…

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