Norway's output drops
Norway's oil production fell to a preliminary 1.79 mm bpd on average in May from 1.99 mm in April, the Norwegian
Petroleum Directorate said.
Production of natural gas liquids and condensate fell to a preliminary 339,000 bpd in May from 371,000 in April, the directorate said. Gas production fell to a preliminary 7.9 bn cm in May from 8.7 bn in April, the NPD said.
Non-OPEC producer Norway is the world's sixth biggest oil exporter and western Europe's biggest gas exporter.
Oil companies on the Norwegian continental shelf are struggling to maintain production against a long-term declining trend at maturing North Sea oilfields, but Norway's gas production continues to grow.