Athena field is in the Moray Firth area of the UK Continental Shelf. With an oil processing capacity of 28,000 b/d, the BW Athena has had an uptime of 98% since production startup in May 2012.
The FPSO first operated under a 3-year contract, and the operation was extended with a contract with a mutual termination right. BW Offshore says it will market BW Athena for new opportunities.
Meanwhile, AWE Ltd. and BW Offshore have agreed on a 1-year contract extension to fourth-quarter 2017 for the lease and operation of the Umuroa FPSO, operating on Umuroa field offshore New Zealand (OGJ Online, Dec. 15, 2008; Apr. 7, 2015).