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Hurricane Energy PLC

Hurricane Energy: Aoka Mizu FPSO makes scheduled stop in Algeciras en route to Lancaster

Hurricane’s previous communications have indicated that the floating production storage and offloading vessel is expected to arrive at Lancaster in the fourth quarter

aoka mizu
The Lancaster Early Production System is expected to yield 17,000 bopd initially

The Aoka Mizu floating production storage and offloading vessel, which is on its way to Hurricane Energy PLC’s (LON:HUR) Lancaster field development off the west coast of the Shetland Islands, has put into Algeciras, Spain for planned personnel changes and bunkering.

The FPSO left Dubai almost a month ago and is headed for Rotterdam where it will undergo a final scope of work before moving on to Lancaster.

READ: Aoka Mizu leaves Dubai

Hurricane said the stopover in Algeciras, next to Gibraltar on Spain’s south coast, will be extended so work to repair an auxiliary system associated with power generation can be carried out.

The £850mln company added that commissioning activities which were being undertaken during transit will continue.

Hurricane’s previous communications have indicated that the FPSO is expected to arrive at Lancaster in the fourth quarter.

The Early Production System, which will initially yield around 17,000 barrels of oil per day, is scheduled for start-up in the first half of 2019.

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Price: 42.9 GBX

Market: LSE
Market Cap: £853.81 m
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