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Offshore & subsea - 17 April 2020


Norway's oil output down in March

Oil production in March was 4.4% lower than the NPD’s forecast, due to technical problems at some fields.


MOL completes purchase of Chevron assets in Azerbaijan

The interests include a 9.57% stake in the Azeri-Chirag-Gunashli oilfield, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan pipeline that transports crude to the Mediterranean port of Ceyhan.