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Update on the Catcher development

23 Oct 2017 07:00

RNS Number : 2662U
Premier Oil PLC
23 October 2017
 

This announcement has been determined to contain certain inside information. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain

 

PREMIER OIL PLC

("Premier")

Update on the Catcher development

23 October 2017

 

The BW Catcher Floating Production Storage and Offloading ("FPSO") vessel arrived at the Catcher field at 23:00 on Wednesday 18th October. The hook up of the Submerged Turret Production ("STP") buoy mooring system was completed on the 19th October with the vessel successfully completing a rotation test around the buoy on the 20th October. The final pull-in of the risers and umbilicals is now underway and commissioning activities have also commenced in parallel. Delivery of first oil remains on schedule by the end of the year.

 

A short presentation setting out the key milestones in the hook up and commissioning programme to be carried out in advance of first oil and the plans to ramp up to plateau production levels, is available on the Company's website.

 

 

Enquiries:

 

Premier Oil plc

Tel: 020 7730 1111

Tony Durrant, Chief Executive

 

Richard Rose, Finance Director

 

 

Camarco

Tel: 020 3757 4980

Billy Clegg

Georgia Edmonds

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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