Noreco closes Q2 with stronger results

Even though this year's second-quarter result beat the same period last year, the Norwegian oil company is still stuck with a bottom-line loss.
Photo: Frederikshavn havn
Photo: Frederikshavn havn

Noreco's boosted its output significantly in the last three months, supplying the market with 27,300 barrels of oil equivalent per day. The Norwegian oil outfit had previously guided for an output range of 25,000 to 27,500 bpd.

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