Noreco upgrades output forecast
Tuesday, the Norwegian company says it now expects to produce additional oil and gas in both the third and the fourth quarters.
by MATHIAS JULIUS FALKENGAARD, translated by jonas sahl hollænder
Noreco, which accounts for the second-largest output share of oil and gas in the Danish North Sea, has recently seen better operations than previously expected. A trend which the Norwegian oil firm expects to see continue throughout the year, and thus Noreco upgrades its forecast on Tuesday.
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