August 31, 2017

Press Release

Tokyo, August 31, 2017 - IHI Corporation (IHI) announced today that FPSO (Floating Production, Storage and Offloading Unit) Hull for BW Offshore was delivered on August 30.

Principal Particulars
Length Overall : 240m
Breadth : 50m
Depth : 27m　　　　　　　　　　　
Storage Capacity : 650,000barrels of crude oil　　　　　　　

FPSO is a floating vessel used for production and storage of crude oil from subsea oil and gas field. In this project, IHI undertook the construction of FPSO Hull while the topside process units were undertaken by its client.

FPSO, now named 'BW Catcher', will be transported and installed at Catcher field in UK North Sea after the delivery at Singapore and chartered by Premier Oil, an independent oil and gas exploration and production company in UK. It assumes the start operation within 2017.

BW Offshore (www.bwoffshore.com) is a leading global provider of floating production services to the oil and gas industry. BW Offshore has a fleet of 14 owned FPSOs and one FSO represented in all major oil & gas regions world-wide. BW Offshore has a long track record on project execution and operations. In more than 30 years of production, BW Offshore has executed 38 FPSO and FSO projects.

Premier Oil plc (www.premier-oil.com) is a leading independent exploration and production
company with oil and gas interests in the North Sea, South East Asia, Pakistan, the Falkland Islands and Latin America.

IHI Corporation published this content on 31 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 August 2017 07:12:02 UTC.

Original documenthttp://www.ihi.co.jp/en/all_news/2017/infrastructure_offshore/2017-8-31/index.html

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