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Noreco closes second quarter with stronger results

Even though this year's second-quarter result beat the preceding period, the Norwegian oil company is still stuck with a bottom-line loss.

Photo: Mathias Julius Falkengaard

Noreco's boosted 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 barrels per day.

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