OKEA delivered net profit of NOK 200 million in the second quarter of 2021
Operating income for the second quarter of 2021 amounted to NOK 607 million. EBITDA was NOK 311 million, and net profit after tax was NOK 200 million. Reversal of previous impairments relating to the Yme New Development project amounted to NOK 730 million. Previous impairments on Yme are subsequently fully reversed due to expected synergies from reorganising operations and ownership of Maersk Inspirer combined with significantly improved macro conditions.Production was 13,210 boepd in the quarter. The decrease compared to previous quarter was mainly due to 31 days of planned maintenance