FPF commissioning
It wouldn't surprise me to hear in the New Year that the FPF -1 is completed on schedule but testing and commissioning will delay sail-away by a few weeks, or so, as it makes more sence to finish commissioning operations at Remontowa despite the daily ~$280,000 bonus penalty to Petrofac.
Also, a further payment to Petrofac of up to $34 million will be made by Ithaca dependent on the timing of sail-away of the 82 m long, 75 m wide and some 30 meters high FPF-1 platform.
Ithaca has said that the maximum payment can be achieved for delivering sail-away of the vessel from the shipyard prior to the end of March 2016, with this incentive payment eroding on a daily basis to zero by 31 July 2016. This payment will also be deferred until three and a half years after first production from the Stella field.