BW Offshore: Contract extension for BW Athena

abarrelfullabarrelfull wrote on 01 Apr 2015 12:46
Tags: bw-offshore europe fpso ithaca services uk

Latest News

{"module":"feed\/FeedModule","params":{"src":"http:\/\/killajoules.wikidot.com\/feed\/pages\/pagename\/blog%3A_start\/category\/blog\/limit\/10\/t\/My+Blog","limit":"3","module_body":"* %%linked_title%%"}}
  • Want a weekly review of refining news?

BW Offshore has received a notice of termination for the FPSO BW Athena contract from Ithaca Energy. BW Offshore and Ithaca Energy (on behalf of the Athena field co-venturers) have agreed a revised contract structure to continue production on the Athena field beyond expiry of the firm period on a revised compensation scheme, involving advanced payment of an FPSO demobilisation fee and sharing of positive cashflow from the field. Both parties have the right to terminate on a 60-day notice period.

Related News

{"module":"feed\/FeedModule","params":{"src":"http:\/\/killajoules.wikidot.com\/feed\/pages\/pagename\/blog%3A_start\/tag\/services\/category\/blog\/limit\/10\/t\/My+Blog","limit":"3","module_body":"* %%linked_title%%"}}

Looking for information on the E&P sector?

bw-offshoreeuropefpsoithacaservicesuk
Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License