Gulf of Mexico Production Falls 50%

Discovery & Development • Britain’s most important pipeline system, Forties, saw flows reduced to 150,000 bpd from 450,000 bpd-575,000 bpd due to repairs, which are set to be completed by Friday. Prices should not see much movement if repairs are completed during that time. Ineos had an issue with the Forties pipeline last month as well, citing nonspecific “operational issues” which resulted in a 48-hour flaring period. • More than 60 entities took place in Portugal’s first ever solar auction saw to install…