The Buoy"A Catenary Anchor Leg Mooring (CALM), also known as a Single Buoy Mooring (SBM) or Single Point Mooring (SPM), is a dynamic loading and unloading buoy that acts as a mooring point for tankers and a link between the PLEM and shuttle tankers. They're commonly utilised to import and/or export crude oil and oil byproducts from and to oilfields and refineries in both shallow and deep oceans."
It's an exchange buoy needed to offload oil for transport. Some offloading components were damaged. Not concerned. Will be operational in a month or so. Meanwhile 21,500 bopd are flowing from the new acquisition and anyone who thinks VLE is in the non profitable zone has no idea what is going on. Wait until the cash from the last seven months is counted. Q1will be out in about a month and a bit. Reality will sink in.
In the meantime, more news will no doubt hit the wires. I'm glad I waited.