Norway oil output hits 10-year high

Norway’s monthly oil production reached its highest level in over a decade last month, boosted by the ramp-up of Equinor’s new Johan Castberg field, WAM reports.

Oil drills
Photo credit: Unsplash.com

According to a Wednesday statement from the Norwegian Offshore Directorate, the country's output jumped 17% from June to 1.96 million barrels a day.

Earlier, Kazakhstan’s KazMunayGas has reported a 9% growth in oil output.

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