Kjell Inge Rokke's Ocean Yield has posted a big third-quarter loss due to its unemployed FPSO.
The net deficit to 30 September was $63.2m, against a $39.9m profit in 2018.
This includes an impairment of $68.4m on the book value of the 214,266-cbm FPSO Dhirubhai-1 (built 1979), which is now worth $150m.
This reflects "new estimates for future earnings from the FPSO and that it will take more time than earlier envisaged to secure new long-term employment," the company said.
