The Sevan Marine-designed unit, which was originally set to be delivered by the Chinese builder in the second quarter this year, will now not hit the water until the first quarter of 2017.
Although Cosco did not identify the European ship owner with which it had mutually agreed to delay delivery of the FPSO from its Nantong facility, it refers to Dana’s floater that is set to produce from the Harris and Barra fields in the northern part of the UK North Sea.
Cosco