STORM TRIMS OIL FLOW IN NORTH SEA

Winds gusting to 100 mph in the northern and central North Sea last week shut down several oil fields that rely on ships for production or transportation. Progress on the Draugen field development project off Norway also was interrupted. North Sea production and development operations and plans had hit a fast clip before the storm blew in. Norwegian offshore oil production continued its record breaking run with an average 2.34 million b/d last November. That was up 47,000 b/d from