BP UK Awards Contract to Floatel

BP Exploration Operating Company Limited has awarded a contract to Floatel International for provision of an accommodation and construction support vessel for BP Magnus Life Extension Project.

Floatel Superior is the nominated vessel for the work and the charter is expected to start in February 2015, for a firm hire period of three months.The vessel, designed to meet the most demanding regulatory requirements for operating in the harshest environmental conditions in the world, was delivered from Keppel Shipyard in Singapore in early 2010.

BP Magnus offshore facility is located 160km north-east of Shetland in the Northern North Sea in a water depth of 186 meters.

No value was disclosed for the deal.

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May 22, 2014