Norwegian company BW Offshore's new FPSO (floating production storage and offloading) vessel arrived at Nigg today after a 43-day journey from the Far East. It was built in Japan and converted for North Sea use in the Keppel Shipyard in Singapore. It is 241m long and 50m wide and can process up to 60,000 barrels of oil a day and store 650,000 barrels.
The BW offshore vessel is expected to reach its final North Sea destination 100 miles east of Aberdeen by the end of the year. There it will begin a seven-year fixed contract with Premier Oil in the Catcher development which — when fully complete — could comprise 20 subsea wells tied back to the FPSO.