Aker Energy further extends option for Ocean Yield FPSO

Aker Energy has paid to further extend an option it has for the long-term charter of Ocean Yield’s FPSO Dhirubhai-1.

The option has been extended several times since its original expiry date of May 1, and is now available to Aker through to the end of 2019.

Ocean Yield granted Aker Energy the option, initially for $3m, to bareboat charter the 2008-built FPSO for a period of 15 years. If exercised, the FPSO will be modified and used for an early-production project offshore Ghana.

Aker Energy is part of Kjell Inge Røkke’s Aker ASA, which owns 61.65% of Ocean Yield.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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