BW Offshore: Update on the Catcher development
October 23 2017 - 1:00AM
The BW Catcher Floating Production Storage and
Offloading ("FPSO") vessel arrived at the Catcher field at on
Wednesday 18 October. The hook up of the Submerged Turret
Production ("STP") buoy mooring system was completed on 19 October
with the vessel successfully completing a rotation test around the
buoy on 20 October. The final pull-in of the risers and umbilicals
is now underway and commissioning activities have also commenced in
parallel. Delivery of first oil remains on schedule by the end
of the year.
For further information, please contact:
Knut R. Sæthre, CFO, +47 911 17 876
IR@bwoffshore.com or www.bwoffshore.com
About BW
Offshore:
BW Offshore is a leading global
provider of floating production services to the oil and gas
industry. BW Offshore has a fleet of 15 owned FPSOs and one FSO
represented in all major oil & gas regions world-wide. BW
Offshore has a long track record on project execution and
operations. In more than 30 years of production, BW Offshore has
executed 38 FPSO and FSO projects. The company is listed on the
Oslo Stock Exchange.
This information is subject to the disclosure
requirements pursuant to section 5 -12 of the Norwegian Securities
Trading Act.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: BW Offshore via Globenewswire
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