Bw Catcher News

 

Claxton installs drilling riser system

Sep 21, 2015

Claxton has installed a high-pressure drilling riser system as part of a multimillion-dollar contract for the Catcher area field development in the central North Sea.  “Claxton was the only company to offer Premier Oil a fully-forged…

BW Offshore revenues rise but expects prolonged downturn

Aug 28, 2015

Floating production vessel operator BW Offshore has posted a 3% rise in operating revenues but says, which outsourced floating solutions remain an attractive option, the low oil price environment will see a reduction in orders that is expected to be prolonged…

Premier plows on with projects

Jul 09, 2015

UK-based operator Premier Oil says work on its west of Shetland Solan development remains on track for start up in 4Q, while it looks for cheaper options for its Norwegian Vette project. Premier Oil says it is also moving towards pre…

BW Offshore to recoup losses from fire

May 26, 2015

Floating production unit operator BW Offshore has taken a hit in revenues and profits following a fatal fire on one of its vessel offshore Brazil.  However, the firm says it will recoup its losses after the fire on the Cidade de São Mateus floating production…

Cairn completes Catcher farm-out

Jan 21, 2015

Cairn Energy has completed a farm to Dyas UK, comprising a 10% interest in the Premier Oil-operated Catcher development and adjacent acreage in the UK North Sea. In return for the 10% stake, Dyas will carry Cairn’s exploration and development costs up to a cap of US$182 million…

Kongsberg wins Catcher contract

Aug 28, 2014

Kongsberg Maritime division Kongsberg Maritime Engineering (KME) has won a contract to deliver an integrated control and safety system for the new BW Offshore Catcher FPSO. The contract follows BW Offshore’s signing of a lease and operate…

BW inks Catcher loan

Aug 05, 2014

BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project.  The facility is a combined construction and long term financing facility. The credit facility was substantially…

MOL Group adds to North Sea assets

Jun 30, 2014

Premier Oil has sold interest in six Central North Sea offshore licenses to Hungary’s MOL Group for US$130 million, the duo announced on 30 June 2014. The sale includes non-operated equity stakes in the Nexen-operated Scott (21.84%), Rochelle (15%) and Telford (1…

Go-ahead for Premier's Catcher

Jun 12, 2014

Premier Oil's central North Sea Catcher field development plan has been approved by the UK Department of Energy and Climate Change.  The Catcher area is expected to produce 96MM boe, with a peak production rate of around 50,000 bo/d. The…

Subsea 7 wins Catcher prize

May 21, 2014

Subsea 7 has been awarded its largest UK engineering, procurement, installation, and commissioning (EPIC) services contract, by Premier Oil. The contract, worth more than US$460 million, will be for work on Premier Oil's Catcher Area development…

Premier close to Catcher sanction

May 14, 2014

Premier Oil says government approval for its UK North Sea Catcher development is expected soon and that the FEED and drilling contracts on Sea Lion in the Falklands will be issued this quarter. Premier said key service contracts covering the Catcher FPSO (pictured)…

BW seals Catcher FPSO deal

May 02, 2014

BW Offshore has signed the contract with Premier Oil for the provision of a floating production, storage and offloading vessel to operate on the Catcher oil field in the UK North Sea.  The firm charter period of the contract is seven years…

Aibel bags Catcher topsides contract

Apr 08, 2014

Aibel’s Singapore office has been awarded a contract by BW Offshore Singapore to provide topside engineering services for the UK North Sea Catcher project, operated by Premier Oil. The scope includes detailed engineering services for…

Premier inks BW Offshore FPSO

Apr 01, 2014

BW Offshore has signed a Letter of Award (LOA) with Premier Oil for a floating production unit (FPSO) to operate on the Catcher oil field in the UK North Sea. The LOA will be converted into a final contract subject to final partner sanction…

Premier Oil in the process of choosing FPSOs

May 15, 2013

UK explorer Premier Oil is in the process of choosing FPSOs for both its Catcher (UK Blk 28/9) and Bream (Norway Blk 17/12) North Sea development projects. Concept select for Catcher was agreed in December and development approval is expected to the sought once tendering is complete…

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