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Contract Extension for FPSO Polvo

Source: www.gulfoilandgas.com 1/11/2020, Location: South America

BW Offshore has 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 Q3 2021 (from Q3 2020), with options until Q3 2022.

The contract has been extended multiple times since the original firm contract ended in 2014, and this extension represents the 7th extension with the FPSO operating on the Polvo field in the Campos basin in Brazil during the whole period.

For more information about related Opportunities and Key Players visit Brazil Oil and Gas Projects

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Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

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