BW Offshore gets Polvo extension

Published

BW Offshore signed an agreement with Petrorio for a one-year extension for the lease and operation of the FPSO Polvo.

The firm period has been extended to 3Q 2016 (from 3Q 2015), with options until 3Q 2022. 

BW Offshore is operating the FPSO offshore Brazil.

Image of the Polvo FPSO. From BW Offshore.

Current News

Saipem, Subsea 7 Merger Could Rise Prices, Lower Market Competition

Saipem, Subsea 7 Merger Could

Egypt Approves Oil, Gas Exploration

Egypt Approves Oil, Gas Explor

Offshore Safety: Improving Injury Rates May Be Masking Continued Fatalities

Offshore Safety: Improving Inj

TGS Advances Seismic Imaging Across Three Offshore Basins

TGS Advances Seismic Imaging A

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine