Oil and gas production is shut at the Oseberg field in the North Sea after mulitple power...

|By:, SA News Editor
Oil and gas production is shut at the Oseberg field in the North Sea after mulitple power failures yesterday, and the situation is still unstable, Statoil (STO +0.3%) says. The company plans to airlift some workers from the area out of ~700 working on the facilities during a period of high activity. Oseberg gas output today was cut by ~21M cubic meters/day.