BW Offshore gets Polvo extension

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.

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