BW Offshore Extends Contract with Petrobras for the Cidade de Sao Vicente

Source: www.gulfoilandgas.com 4/28/2020, Location: South America

BW Offshore has received a notice from Petrobras that they exercise their right to extend the lease and operation agreement of BW Cidade de Sao Vicente with 48 days. With this the contract will expire on 11 June 2020.

BW Offshore has commenced planning for demobilization of the unit from the field and is considering temporary lay up in Brazil.

BW Cidade de Sao Vicente commenced operation for Petrobras in 2009 and has been utilized as a well test facility for the client on multiple locations offshore Brazil.

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