BW Gets Extension for Polvo FPSO

January 4, 2019

Polvo FPSO (Photo: BW Offshore)
Polvo FPSO (Photo: BW Offshore)

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.



Current News

Energean Facing Delays at Epsilon

Energean Facing Delays at Epsilon

Wintershall Dials In On Brazil Offshore

Wintershall Dials In On Brazil Offshore

EnQuest to Focus on Cutting Debt as Profits Jump

EnQuest to Focus on Cutting Debt as Profits Jump

Brazil OSV Update

Brazil OSV Update

SeaRoc On Board at Formosa 1 Offshore in Taiwan

SeaRoc On Board at Formosa 1 Offshore in Taiwan

British Firm Bags Kriegers Flak Contract

British Firm Bags Kriegers Flak Contract

GoM Lease Bids Hit $244mln

GoM Lease Bids Hit $244mln

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