BW Offshore has confirmed that the remaining three missing crew have been recovered from its Cidade de São Mateus FPSO, bringing the total official number of fatalities from last month's explosion incident off Brazil to nine. Two other crew members remain in the hospital in stable condition, the company said. "The rescue efforts of the past several days have now ended and … [Read more...]
Sixth Victim Of Brazilian FPSO Explosion Found
RIO DE JANEIRO, Feb 18 (Reuters) - A sixth victim of last week's deadly explosion on a Petrobras offshore oil and natural gas production ship has been found, according to a statement on Wednesday from BW Offshore Ltd, which operates the vessel for Brazil's state-run oil company. The body of the Brazilian crew member of the Cidade de Sao Mateus, a floating oil production, … [Read more...]
BW Offshore to Provide Newbuild FPSO for Catcher Field
In the wake of Bumi Armada's recent announcement surrounding a new FPSO for ENI, rival FPSO services provider BW Offshore announced today a similar Letter of Award from Premier Oil for an FPSO based in the UK North Sea. Located in the central UK North Sea, this new FPSO will initially tie in to 14 producing and 8 water injection wells at the Catcher Oil Field, operated by … [Read more...]
Sendje Berge FPSO Gains Extension Offshore Nigeria
BW Offshore announced today the signing of an interim agreement with Addax Petroleum Exploration, a Sinopec Group affiliate, for a possible six year extension of their FPSO Sendje Berge offshore Nigeria. The firm period has been extended to Q1 2018, with options until Q1 2020. Vessel particulars: Oil processing capacity 50,000 bbl/d Gas compresson capacity 55 … [Read more...]
HRT Extends Polvo FPSO Contract
BW Offshore has signed an agreement with HRT for a one year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to Q3 2015 (from Q3 2014), with options until Q3 2022. The Polvo oil field is owned by HRT (operator, 60%) and Maersk (40%). With reference to BW Offshore's notice to the Oslo Stock Exchange on 13 December 2013, BW Offshore … [Read more...]
BW Offshore: Letter of Intent Signed to Acquire Stake in Polvo Oil Field
BW Offshore announced today a Letter of Intent has been signed to acquire 30% of the Polvo oil field located in the Campos Basin offshore Brazil. The definitive agreements are still subject to a due diligence process to be conducted by BW Offshore however, and remains subject to regulatory, governmental and board approvals. Following the ongoing sale of BP's stake in the … [Read more...]