LONDON, Feb 6 (Reuters) - North Sea Forties crude oil
differentials rose on Monday to a two-week high on the back of
TotalEnergies selling a more expensive cargo to Shell and a
higher bid from Shell, which it later withdrew, while a bid from
Equinor lifted Troll as well.
* Troll differentials were at the highest level since
mid-December.
* A massive earthquake that struck Turkey and Syria on
Monday halted operations at Turkey's oil export hub in Ceyhan
and stopped key crude oil flows from Iraq and Azerbaijan,
officials said.
* Equinor on Monday said it had halted oil
production at its Johan Sverdrup Phase 1, the North Sea's
largest producing field, because of a technical fault in a
cooling system.
* Sverdrup 1 has capacity of about 535,000 barrels of oil
per day (bpd), Equinor data showed, while Sverdrup 2 can produce
up to 185,000 bpd.
* The outage is expected to last for 2-3 days, with a
preliminary restart set for midday on Feb. 8, a Nordpool filing
showed.
PLATTS WINDOW
* Indications are on a free-on-board (FOB) basis unless
marked as cost, insurance and freight (CIF) or delivered at
place (DAP).
* Forties: Vitol sold to Shell CIF Rotterdam at dated Brent
plus $1.00, loading Feb. 19-23. On an FOB basis, according to
Reuters calculations, this equates to minus 56 cents.
* Forties: Total sold to Shell at dated Brent plus 30 cents,
loading March 1-3.
OUTSTANDING BIDS AND OFFERS
* Troll: Equinor bids at dated Brent plus $4.50, loading
March 4-8.
WITHDRAWN BIDS AND OFFERS
* Forties: Vitol withdrew an offer CIF Rotterdam at dated
Brent plus $1.45, loading Feb. 24-28. On an FOB basis, according
to Reuters calculations, this equates to minus 11 cents.
* Forties: Petroineos withdrew a bid at dated Brent minus 60
cents, loading Feb. 20-27.
* Forties: Shell withdrew a bid at dated Brent minus 20
cents, loading Feb. 22-24.
(Reporting by Shadia Nasralla
Editing by David Goodman
)
Reuters Messaging: shadia.nasralla.reuters.com@reuters.net))
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