BW Offshore Transfers Ownership, Operation of FPSO to Pemex

Monday, July 25, 2022

BW Offshore Limited announced that, effective July 22, 2022, Pemex has assumed the ownership and operation of the FPSO Yùum K’ak Náab in accordance with the terms of the 15 year FPSO financial lease contract that commenced in 2007.

Following the transfer, BW Offshore Limited has no obligation to provide further operational services to Pemex, the company said.

The 200,000 bpd capacity FPSO has been operating in the Pemex-operated Ku-Maloob-Zaap field off the coast of Campeche, about 105 kilometers northeast of Ciudad del Carmen, since 2007.

Categories: Offshore Energy Industry News FPSO Activity Production Floating Production North America

Related Stories

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Shell Reserve Decline Raises Need for Deals or Discoveries

Cedar LNG Picks EXMAR for FLNG Marine Operations Role

Current News

Ndungu Full-Field Starts Up Offshore Angola

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

AKOFS Offshore Inks New Vessel Deal with Petrobras

UK Trade Body Challenges Government View on North Sea Gas Decline

Subscribe for OE Digital E‑News