North Sea Oil Output Exceeds Expectations In JanuaryHira Shahnawaz Akhtar
Preliminary numbers for the output of the Norwegian Continental Shelf indicate that the production during the first month of the calendar year surpassed expectations by 2.87%. Total production of the North Sea for the month of January 2014 summed to 19.5 million cubic meters (m3) according to the Norwegian Petroleum Directorate (NPD). However, the North Sea output declined on both year-on-year (decline of 1.61%) and month-on-month (decline of 1.06%) basis.
Oil output increased YoY
The numbers released by . . .
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