Statoil Orient awards Bluewater contract extension for FPSO Munin

abarrelfullabarrelfull wrote on 04 Jan 2013 10:12
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24/6/2004

Lufeng Development Company ANS, a company within the Bluewater group of companies, has been awarded a contract extension by Statoil (Orient) Inc. for production of hydrocarbons from the Lufeng field in the South China Sea. The contract provides for the FPSO Munin to return to the Lufeng Field early in the 2nd quarter of 2005 for a minimum fixed period of three years.

The FPSO Munin is currently operating on the Lufeng field under arrangements that are intended to extend until Summer 2004. After undergoing minor modifications and maintenance, the FPSO Munin is scheduled to produce on the Xijiang field for ConocoPhillips China Inc. for a period of five to six months as a temporary replacement for the Nanhai Kai Tuo FPSO. The FPSO Munin will utilise its full Dynamic Positioning (DP) capability for mooring and will re-use the Xijiang field’s existing fluid transfer equipment.

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