“The third SPM has been down for a while, undergoing some refurbishment activities, and will be open here in the third quarter. So all three will be available later in the third quarter.”

In context

“Michael Wirth (Chairman and CEO): Sure, Devin. Thanks for the comments about our reorganization. And you're right. It wasn't just about efficiency. It was also about performance. I'll speak to TCO performance and the pipeline. And Eimear, maybe you can cover the debottlenecking question. It was a strong quarter. You'll see in the production waterfall, we're up 170,000 barrels a day versus first quarter, really stellar operating performance in the second quarter. Each month was among the highest months we've ever seen at TCO. The affiliate distributions in the quarter of roughly $3 billion, most of that is coming from TCO and I want to affirm our $6 billion guidance at $70 Brent, obviously, we're likely to have a higher number for Brent this year, which would translate into even higher affiliate distributions. The team has been working incredibly hard on recovering from some of the first quarter issues. But really the most exciting thing is the ability to optimize across the entire field now. The low-pressure production performance of the field has been strong and through this integrated control center to take each generation of topside facilities and look at the way to best optimize those, not only individually, but collectively across the capabilities we have in all of the kit. The pipeline question, you've seen the media reports, there has been some activity in the Black Sea that we've seen primarily related to the Ukraine-Russia conflict; it has had over the last number of quarters intermittently some impact on activity in and around overseas. I can tell you that, today, both of our SPMs are in service there. The third SPM has been down for a while, undergoing some refurbishment activities, and will be open here in the third quarter. So all three will be available later in the third quarter. But the pipeline is flowing — we've been loading ships this week. And mitigation is the usual things. We can ship some across the Caspian. We can ship some on rail. We've got storage that we can use to buffer some of these ups and downs. But as you know, CPC is the primary route to market for that production for us and others on the pipeline. We're clearly a big shipper on it, but not the only shipper. And we work with governments in the region, the U.S. government, Kazakh government, obviously, other governments to be sure that that pipeline stays flowing. It's critical to the world at a time when we need the energy. Eimear, maybe you can talk about specifically about the debottlenecking of FGP and the third-generation plant.”