Ithaca Energy Terminates BW Athena FPSO Contract

BW Offshore and Ithaca Energy have agreed to terminate the contract for FPSO BW Athena, which will be demobilised in February 2016.

The FPSO was deployed in the Athena field, located in the Moray Firth area of the UK Continental Shelf.

BW Athena first operated under a three-year contract, and the operation was extended with a five-year contract with mutual termination right on a rolling 12-month notice.

In addition, the company announced that it has secured a one-year contract extension for the lease and operation of the FPSO Umuroa.

The firm period has been extended to Q4 2017 from Q4 2016.

Subsea World News Staff

Share this article

Follow Subsea World News

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Sea Asia 2021

he conference features an extensive gathering of industry heavyweights and high-profile international speakers sharing thought leadership…

read more >

Oceanology International 2020

Exhibitors from industry, government and research institutions share their knowledge and come…

read more >

OTC ASIA 2020

The Offshore Technology Conference Asia (OTC Asia) is where energy professionals meet to exchange…

read more >

Shallow and Deepwater Mexico Exhibition and Conference

Shallow and Deepwater Mexico, an offshore oil and gas exhibition and conference is the key center for the international offshore oil and gas community in Mexico. 

read more >