BW Catcher FPSO contract extended beyond fixed term
BW Catcher FPSO is owned and operated by BW Offshore and is leased out under a seven-year fixed term contract, with extension options for an additional 18 years.
BW Catcher FPSO is owned and operated by BW Offshore and is leased out under a seven-year fixed term contract, with extension options for an additional 18 years.
The seventh phase of this multi-year project off the coast of Sabah encompasses over 5000 km of new 2D seismic data acquisition.
The company has announced that FPSO Sepetiba is formally on hire as of 02 January 2024 after achieving first oil and the completion of a 72-hour continuous production test leading to final acceptance.