Aberdeen-headquartered energy service company THREE60 Energy has landed two contract wins with BW Offshore, the Oslo Stock Exchange-listed offshore floating energy solutions provider, for engineering, procurement, construction, and commissioning (EPCC) services.
Thanks to these deals, which expand the ongoing relationship between the two companies, THREE60 will provide extensive EPCC services for BW Offshore’s Catcher and Adolo FPSOs. This will enable the Aberdeen player to deliver complex brownfield modifications through multi-discipline engineering solutions to the two offshore assets located in the UK and Gabon.
Alasdair Smith , Managing Director of THREE60 Energy’s EPCC business, commented: “These two perpetual EPCC contracts demonstrate BWO’s ongoing confidence in our global offering and how the benefits of our flexible, agile, and responsive delivery approach have been received in our relationship to date. Leveraging our expertise in floating systems, we remain committed to delivering value for BWO.”
Furthermore, THREE60 claims that these contracts demonstrate its proven capability in delivering projects for FPSOs in the North Sea and internationally. This is part of a broader global expansion of the firm’s EPCC service line, delivering services to clients and assets located in 14 different countries throughout Europe, North Africa, West Africa, South East Asia, and South America.
BW Offshore owns and operates the FPSO Catcher, which is carrying out operations at the Harbour Energy-operated Catcher field in block 28/9a of the UK central North Sea, approximately 174 kilometers from Aberdeen in water depths of around 90 meters.
The FPSO Catcher started production in 2018 on a fixed contract with options to extend the deal up to 2043. This FPSO has an oil processing capacity of 60,000 bbl/d, a gas handling capacity of 60 mmscfd, a water injection capacity of 125,000 bbl/d, and a storage capacity of 650,000 bbl.
On the other hand, the FPSO BW Adolo serves as the production hub for the fields in the Dussafu Marin permit offshore Gabon. This vessel was converted from a very large crude carrier (VLCC) and is spread moored at the Tortue field , where it started working in 2018 and is expected to stay until 2038.
With an oil processing capacity of approximately 40,000 barrels per day (bpd) and a gas handling capacity of 18 million metric standard cubic feet per day (MMscfd), the FPSO has a storage capacity of 1.35 million barrels and a water injection capacity of 60,000bpd.