BW Athena to Demobilise in February
Friday 22 January 2016
BW Offshore and Ithaca Energy have agreed on a termination of the FPSO BW Athena, and the unit will be demobilised in February 2016.
The Athena field is located in the Moray Firth area of the UK Continental Shelf. BW Athena has had an uptime of 98% since first oil in May 2012, and BW Offshore stood as duty holder for the unit.
BW Athena first operated under a three year contract, and the operation was extended with a contract with mutual termination right.
The BW Athena is a versatile and cost efficient floating production unit with an oil processing capacity of 28,000 barrels per day. The FPSO is now marketed for new opportunities.
Source: BW Offshore