Stella delayed until late 2014

摘要

Ithaca Energy is facing delays on its Greater Stella Area (GSA) development project in the UK North Sea because modification work on the FPF-1 floating production unit is taking longer than scheduled. The semi-submersible FPF-1 unit is being modi-fied by Petrofac in Poland and requires more work than previously forecasted. This means that first production on the GSA project is now expected at the end of this year, Ithaca said today.