BW Gets Extension for Polvo FPSO

Friday, January 4, 2019

BW Offshore announced Firday it has secured another one-year extension for the lease and operation of the floating production storage and offloading vessel (FPSO) Polvo in the Campos basin offshore Brazil.

The agreement signed with PetroRio extends the firm period from Q3 2019 to Q3 2020, with options until Q3 2022.

The Polvo oil field was brought onstream in 2007. The field installations include the BW operated FPSO Polvo, as well as the Polvo A wellhead platform with a drilling rig and an infield pipeline.

The FPSO has capacity to process an average of 100,000 barrels per day and store up to 1 million barrels.

Categories: Contracts FPSO South America Floating Production Vessels Production

Related Stories

Monitoring, and Addressing, Crude Quality in Real-time

FPSO & IPO: Growth of an Operator

OFS Sector Expected to Take a Hit

VAALCO Spuds Etame Appraisal

ExxonMobil Looks to Sell Australian Assets

Icon Offshore Wins Petronas Contract

Aasta Hansteen Output Can Exceed Max Capacity

P-68 FPSO Ready for Deployment

Equinor Finds Gas in the Norwegian Sea

ClampOn: Ultrasonic Intelligent Sensors

Current News

Australia Reviewing Equinor Environmental Plan

Equinor, SSE Win Contract for Largest Offshore Wind Project

Liberator Pilot Well Plugged and Abandoned

Petrofac Sells Mexico Assets to Perenco

Petronas Q2 Profit Rises 8%

Allseas Scores Gyda Platform Removal Job

Monitoring, and Addressing, Crude Quality in Real-time

Dominion to Build Largest US Offshore Wind Farm

Maersk Drilling Rig Extended by Equinor

IUMI Reports Cut in Offshore Insurance Premiums

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week