Faroe Petroleum provides an update on the status of the Njord production facility (Faroe 7.5%).

As previously announced on 26 September 2013, the Njord operator Statoil has been carrying out a detailed analysis of the platform's structural integrity. The preliminary results from this numerical analysis led to the temporary shut down of both production and drilling to allow for the deck structure to be reinforced. The work on this project has commenced and the operator's expectation is that this will be completed in Q2 2014, and the Njord facility will then be brought back on production.

Tags: Faroe Petroleum