Bw Catcher News


Hibiscus/Ruche Phase 1 Development on Track: BW Energy's Third Well Brought Online

Jul 20, 2023

Oslo-listed oil and gas company BW Energy has started production from the third well of the Hibiscus / Ruche Phase 1 development in the Dussafu license offshore Gabon.'Well performance is in line with expectations, with current production at approximately 6…

BW Offshore Sells FPSO Sendje Berge

Jul 07, 2023

BW Offshore has today closed the transaction for the sale of the FPSO Sendje Berge in Nigeria to 'a local FPSO owner and operator' for $15 million. Following the transaction, the buyer has assumed responsibility for the operations of the FPSO Sendje Berge…

BW Energy: New Well Adds 6,000 Barrels Per Day at Offshore Field in Gabon

Jun 15, 2023

Oil and gas company BW Energy said Thursday that production had started from second well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. 'Production performance from the well has been in line with expectations and is currently stabilized at approximately 6…

BW Offshore Agrees Extensions for Two FPSOs in Africa as Divestment Talks Continue

Jun 05, 2023

Norwegian FPSO vessel owner BW Offshore has recently secured short contract extensions for two of its FPSOs operating in Africa.On Friday, BW Offshore said it had signed a short-term extension for the lease and operation of the FPSO Espoir Ivoirien…

BW Ideol, Elawan Energy Eye Joint Development of Floating Offshore Wind Projects in Spain and Portugal

May 25, 2023

Floating wind farm and technology developer BW Ideol has signed a Head of Terms with Elawan Energy, an ORIX company based in Spain, for the joint development of a multi-GW floating offshore wind pipeline off Spain and Portugal, subject to further…

Ivory Coast: BW Offshore in Short-term FPSO Charter Extension to Discuss Potential Sale

Apr 27, 2023

FPSO leasing company BW Offshore said Wednesday it had signed another short-term extension for the lease and operation of the FPSO Espoir Ivoirien.The FPSO is operating on the Espoir field offshore the Ivory Coast for CNR International. The…

BW Offshore Sells BW Athena FPSO

Apr 19, 2023

FPSO-leasing company BW Offshore has completed the sale of its BW Athena FPSO to an undisclosed third party. 'The transaction is part of BW Offshore’s strategy to transition to floating energy infrastructure investments. The sale of the FPSO…

BW Offshore Secures Short-term Extension for Abo FPSO in Nigerian Waters

Apr 18, 2023

Oslo-listed FPSO leasing firm BW Offshore has signed a short-term extension for the Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of Italy's Eni.The contract extension is, according to BW Offshore, until October 15, 2023, at the latest…

BW Energy Achieves First Oil at Hibiscus/Ruche Development off Gabon

Apr 10, 2023

BW Energy on Monday announced it has achieved first oil from the Hibiscus / Ruche Phase 1 development in the Dussafu license offshore Gabon.'Production performance from the first well has been in line with expectations and is currently stabilized at approximately 6…

BW Offshore Secures Contract Extension for Ivory Coast FPSO to Discuss Sale Option

Apr 03, 2023

Oslo-listed FPSO leasing firm BW Offshore said Friday it had signed a short-term extension for the lease and operation of the FPSO Espoir Ivoirien.The FPSO is operating on the Espoir field offshore the Ivory Coast for CNR International.The short…

BW Energy Wraps Drilling and Completion on Hibiscus / Ruche Phase 1 Production Well

Apr 03, 2023

Oil and gas company BW Energy said Monday it had completed the drilling and completion operations on DHIBM-3H, the first production well of the Hibiscus / Ruche Phase 1 development campaign in the Dussafu license offshore Gabon. 'Responsibility…

Floating Wind Specialist BW Ideol Secures Investment from ADEME Investissement

Mar 22, 2023

Floating wind farm and technology developer BW Ideol has entered into exclusive negotiations with ADEME Investissement, a state-owned French financier of innovative infrastructure projects, for ADEME Investissement to invest €40 million in BW Ideol’s project development activities…

After Delay, BW Energy Expects Closing of Petrobras' Oil Field Acquisition in Q2 2023

Mar 17, 2023

Oslo-listed oil and gas company BW Energy said Thursday the process to acquire Petrobras' interests in Golfinho and Camarupim deepwater oil fields and the related FPSO from Saipem was about to resume.In June 2022, BW Energy signed an agreement…

BW Offshore Wraps Sale of BW Opportunity FPSO

Mar 15, 2023

BW Offshore said Wednesday it had closed the transaction for the sale of the FPSO BW Opportunity for $125 million to an undisclosed third party.The Oslo-listed FPSO provider last Friday said it had agreed to sell the laid-up FPSO to an unnamed buyer…

Eight Years After Deadly Explosion Offshore Brazil, BW Offshore Finds Buyer for Laid-up FPSO

Mar 10, 2023

Oslo-listed FPSO provider BW Offshore has agreed to sell the laid-up FPSO BW Opportunity to an undisclosed third party for $125 million. BW Offshore said Friday that the sale was subject to conditions precedent and is expected to be completed by the end of the first quarter of 2023…

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