UAE: BW Athena Vessel Ready for New Power Generation Module

Business & Finance

Ithaca announces that the engineering and modifications associated with the dry dock works in Dubai to extend the Floating Production Storage and Offloading vessel, ‘BW Athena’ by 65 feet and install a turret docking system have been completed.

The vessel has now been re-floated ready for installation of the new power generation and water injection modules during July 2011. This is another critical milestone accomplished towards achieving first oil in Q4 2011. Athena Joint Venture Partners are Ithaca (operator, 22.5%), Dyas UK Ltd (47.5%), EWE

Aktiengesellschaft (20%) and Zeus Petroleum Limited (10%).

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Source:ithacaenergy, July 1, 2011; Image: BW Offshore