A new attempt called the Yme New Development was launched by the new operator Repsol, which involved reusing the subsea installations already in place.

The oil from Polysaga was offloaded to a shuttle tanker and transported to the Statoil Mongstad terminal near Bergen for final processing and fiscal metering.

The Talisman-led redevelopment suffered from large cost overruns and extended delays in bringing the field onstream.

Talisman selected to develop the field using a production jackup platform with a subsea storage tank (MOPU STOR).

The MOPU STOR platform was designed and constructed by SBM Offshore who previously developed the concept for the Siri field.

In July 2011 SBM announced the successful installation of the Yme platform, stating that the remaining commissioning activities were expected to be complete before the end of 2011.

[2][5] In a letter to Norway's Petroleum Safety Authority (PSA) dated 26 July Talisman warned that without repair there is a high probability that the cracks in the cement grouting could lead to the collapse of the platform during winter storms.

[6] Talisman was subsequently given until a deadline of 31 December by the Norwegian Petroleum Directorate to deliver a new development plan for Yme which addresses its safety issues.