BW Offshore Secures FPSO Contract Extension from Petrobras

Source: www.gulfoilandgas.com 6/6/2020, Location: South America

BW Offshore has received a notice from Petrobras extending the lease and operation agreement of BW Cidade de São Vicente with 120 days. With this the contract will expire on 9 October 2020.

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

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

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