By Robert van den Oever
AMSTERDAM--Dutch oil services company SBM Offshore NV (SBMO.AE)
Friday confirmed earlier reports that said it will fix the faulty
legs of its Yme oil and gas platform, together with its
commissioner Talisman Energy (TLM).
The company said it has presented a plan to the Petroleum Safety
Authority Norway regarding repairs to the grouting of the
platform's legs. The repairs are scheduled to be completed before
the end of this year.
After completion of the repairs, inspectors will return to the
platform to review its safety as it will have been unattended for a
long period of time, the company said. Following this review,
Talisman and SBM Offshore will be able to agree any future plans
for the platform.
The Yme platform was evacuated in mid July after cracks in the
platform's legs were discovered. Studies showed the flaws meant
risk of collapse during a storm.
SBM Offshore and Talisman are in a long dispute over the
damages, financial and operational, relating to problems with the
Yme platform.
Write to Robert van den Oever at
robert.vandenoever@dowjones.com
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