Norway's National Oil Company earned a profit of $6.53 billion in the second quarter.

date
24/07/2025
Norway's National Oil Company announced strong performance in the second quarter of 2025, benefiting from increased natural gas production in the United States and increased production in the Johan Castberg oil field in Norway. The company's adjusted operating profit reached $6.53 billion, with a net profit of $1.32 billion. The financial report shows that the company's floating production and storage vessel in the Johan Castberg field reached peak production just three months after starting operations, leading to a 2% increase in equity production to 2.1 million barrels of oil equivalent per day.