BOC SAYS FIRMS SEE SLOWER PRICE INCREASES AND WAGE GAINS

MNI BRIEF: China Q2 GDP Impacted By Bad Weather - NBS

MNI China Press Digest July 15: Consumption, Exports, FDI

MNI: PBOC Conducts CNY100 Bln Via 1Y MLF; Rates Unchanged

CHINA PBOC CONDUCTS CNY129 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1313 Mon; -1.35% Y/Y

King's Speech Due Wednesday

EZ/UK T-Bill Calendar: 6-Month ESM Auction on Tuesday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Norway’s Sverdrup 2 Outage Extended

OIL

The planned restart of the process platform on Equinor’s Johan Sverdrup Phase 2 oilfield has been postponed due to an equipment fault, and repairs are now ongoing, a company spokesperson told Reuters.

  • “Start-up of production on Process platform no. 2 is now delayed due to an equipment fault that occurred when starting after a couple of days from a cold platform,” Equinor said.
  • Sverdrup’s second process platform began production in mid-December. It has a capacity of 185kbpd although it had not reached this level year ahead of last week’s outage.
  • Sverdrup’s first process platform is unaffected and produces a stable 535kbpd, Equinor said.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.