BW Offshore Received Contract Extension for BW Athena
Source: www.gulfoilandgas.com 6/6/2014, Location: Europe
BW Offshore has received a contract extension for the FPSO BW Athena with Ithaca Energy. The primary term of the contract expires in Q2 2015, and Itacha Energy has exercised the option for a secondary term of up to five years. Ithaca Energy has the right to terminate the contract on a rolling 12-month notice.