BW Signs Extension to Athena FPSO Contract

BW Offshore reported Friday that North Sea-focused Ithaca Energy has agreed an extension to a contract for its FPSO (floating production, storage and offloading) vessel currently serving the Athena field.

Originally, the FPSO BW Athena was contracted to run between 2012 and 2015. The new deal sees Ithaca exercise its option to use the vessel for an additional five years, although the company retains the right to terminate the contract with 12 months' notice.

The BW Athena (formerly BW Carmen) was built in 1994 and converted to an FPSO vessel in 1999. It has oil production capacity of 28,000 barrels per day and can store up to 50,000 barrels.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Petronas: LNG Train 9 in Sarawak Moves... (Jan 23)
 -  Xodus Wins Apache North Sea Well Contr... (Jan 23)
 -  FAR: SNE 5 Appraisal Well Spuds Offsho... (Jan 23)
 -  Shell to Reshuffle Head of Exploration... (Jan 23)
 -  Scottish Government Reveals New Subsea... (Jan 20)


Most Popular Articles

From the Career Center
Jobs that may interest you
Rockies Area Operations Manager
Expertise: Mud Engineer / Drilling Fluids|Well Servicing & Testing
Location: Denver, CO
 
Drilling Chokes Operator
Expertise: Field Service Tech|Well Servicing & Testing
Location: Odessa, TX
 
CDL Class A Drivers
Expertise: Well Servicing & Testing
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours