Dyna-Mac lands FPSO work on Catcher field

The Galaxy II jack-up rig at the Catcher field in the North Sea

Singapore-based Dyna-Mac has been awarded a contract worth a preliminary estimate of $89million to construct FPSO topside modules and one flare tower for BW Offshore.

The company’s prepatory work is for the vessel which will operate at Premier Oil’s Catcher oil fields in the North Sea.

A spokesman said these are expected to be delivered within the first quarter of 2016.

The Catcher project will involve the drilling of 22 subsea wells on the Catcher, Varadero and Burgman fields which will be tied back to a leased FPSO.

Last year it was announced that BW Offshore would provide the FPSO unit with a minimum seven-year deal for the production unit on a deal worth around £1.38billion.

It will process up to 60,000 barrels of oil per day and store 650,000 barrels. BW Offshore, a Norwegian firm, was awarded the front end engineering study in 2012.