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Tuesday, October 6, 2026

Hydro Reduces 2007 O&G Targets

Maritime Activity Reports, Inc.

May 14, 2007

Norsk Hydro ASA has reduced its oil and gas production target for 2007 by 3.3 percent, to 585,000 barrels of oil equivalents per day (boed) from 605,000 boed, due in large to revised production forecast for several non-Hydro-operated fields on the Norwegian Continental Shelf, including Kvitebjørn, Kristin and Volve.
With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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Purchase of Ten Wharf Cranes for Wharves Nos. 5 and 6 at Barbours Cut Terminal and Wharf No. 1 at Bayport Container Terminal

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