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    Far Saltire to tow Bonga FPSO

    Contracts, Tenders and Rates // October 10, 2003
    Farstad's AHTS UT728L Far Saltire was fixed at the end of September to tow Shell's new Bonga FPSO from Newcastle to its location on Bonga field, offshore Nigeria.

    Bonga is Nigeria's first offshore deepwater development, and is expected to start production in 2004. The US$2.7 billion development will produce 200,000 barrels per day with recoverable reserves of about 560 million barrels.

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