OKEA ASA – Production outage at the Yme field
Monday 12 September 2022
Following damage to parts of the process pipe system at the Yme field, Repsol Norge AS, as operator, has today informed OKEA ASA (“OKEA” or the “Company”) that the technical issues will likely result in a total of five to six weeks of production down-time at the field during third quarter of 2022 as repair work is being conducted. Estimated re-start of production is in early October.
The reduced production in third quarter of 2022 will not result in any change of OKEA’s production guidance for the year.