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Provider: Wright Reports
Provider: Reuters Investment Profile

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BW Offshore signs contract for Catcher FPSO

Friday, 2 May 2014 01:30am EDT 

BW Offshore Ltd:Signs contract with Premier Oil for an FPSO to operate on the Catcher oil field in the UK North Sea.The firm charter period of the contract is seven years, with extension options of up to 18 years.Says based on a field life of 10 years, the contract value is $2.3 billion including FPSO charter rate and opex. 

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0.27 +3.68%
23 Dec 2014