BW Catcher FPSO Sails Away to North Sea

BW Offshore informed that the FPSO BW Catcher has left Keppel Shipyard in Singapore and is currently in transit to the Catcher field in the central North Sea.

BW Catcher is expected to reach UK waters early in the fourth quarter, depending on prevailing weather conditions.

Upon the arrival, BW Catcher will start a seven-year fixed term contract, with extension options of up to 18 years, with Premier Oil.

Based on a field life of 10 years, the contract value is USD 2.3 billion including FPSO charter rate and opex, the company said.

“The BW Catcher has been completed on time and within budget, and we are especially pleased with the good HSE performance during the construction project. We have worked over 11 million man hours without a lost time injury and in total around 19 million man hours. The FPSO is now underway to the North Sea for hook-up at the Catcher field, and with first oil scheduled later this year,” said Carl K. Arnet, the CEO of BW Offshore.

BW Catcher has an oil storage capacity of 650,000 barrels and a processing capacity of 60,000 barrels per day. The FPSO has a design life of 20 years of uninterrupted operations, and will be moored using a submerged turret production system.

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 >