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Bw Offshore News

 

Nigeria: FPSO Workers Released after Kidnapping

Aug 07, 2020

Offshore workers kidnapped from an FPSO offshore Nigeria in an armed pirate attack in July, have been released, the owner of the floating production unit said Friday.In an incident that occurred on July 2, nine Nigerian crew members aboard the BW Offshore-owned Sendje Berge FPSO were kidnapped…

Armed Group Attacks FPSO, Kidnaps Crew in Nigeria

Jul 02, 2020

The article has been updated to include a statement by BW Offshore who confirmed the attack on its FPSO and the kidnapping of several crew members.Pirates on Thursday attacked BW Offshore's Sendje Berge FPSO and kidnapped several crewmembers…

Four-month Extension for BW Offshore FPSO in Brazil

Jun 08, 2020

BW Offshore has received a notice from Petrobras extending the lease and operation agreement of BW Cidade de São Vicente with 120 days. With the extension, the contract is now set to expire on October 9, 2020.BW Offshore has started planning…

Short-Term Extension for BW Offshore FPSO Ahead of Lay-Up

Apr 28, 2020

FPSO leasing company BW Offshore has secured a short-term contract extension with Petrobras for the floating production storage and offloading unit BW Cidade de Sao Vicente.'BW Offshore has received a notice from Petrobras that they exercise…

BW Offshore's FPSO Stuck in New Zealand

Apr 10, 2020

FPSO-leasing company BW Offshore has been unable to remove the Umuroa FPSO from the Tui field in New Zealand following the contract termination, client liquidation, and the country's court and environment regulator intervention.The company was…

Brazil: FPSO Charter Ends 5 Years after Deadly Explosion

Mar 30, 2020

FPSO leasing company BW Offshore has informed that a charter for FPSO Cidade de Sao Mateus has expired. The FPSO was involved in an explosion in February 2015, an incident in which nine workers were killed, and 26 others injured. There were…

BW Pioneer FPSO Stays in Gulf of Mexico for 5 More Years

Mar 18, 2020

FPSO leasing specialist BW Offshore has signed a five-year contract for the lease and operation of the BW Pioneer FPSO on the Cascade and Chinook fields in the U.S. Gulf of Mexico.The contract was signed with MP Gulf of Mexico, am 80/20 partnership with Murphy Oil and Petrobras…

7th Extension for FPSO Polvo in Brazil

Jan 13, 2020

Brazilian oil firm PetroRio has extended the FPSO Polvo charter with BW Offshore. Oslo-listed owner of the FPSO BW Offshore said Friday that it had signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo…

Eni Extends Abo FPSO Contract

Jan 01, 2020

BW Offshore, a provider of floating production services to the oil and gas industry, has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A.The contract is extended until end Q4 2020, with options until Q4 2021…

BW Offshore Completes Bond Issue

Nov 18, 2019

BW Offshore, a provider of floating production services to the oil and gas industry, has successfully completed a NOK 900 million senior unsecured bond issue with a coupon of three months NIBOR + 4.50% and maturity in December 2023.The Oslo…

BW Offshore Proposes New Plan Offshore Gabon

Oct 30, 2019

Global owner and operator of floating production storage and offloading vessels (FPSO) BW Offshore, through its affiliate BW Energy, has announced a re-adjusted operational plan for its offshore Gabon operations after an outcome of drilling…

BW Energy IPO Awaits 'Right Window'

Oct 10, 2019

Norway's BW Offshore will wait for markets to stabilize before launching a planned initial public offering of its oil production arm, BW Energy, an executive said on Thursday.'We are generally ready to go to the market for a listing... however…

FPSO & IPO: Growth of an Operator

Sep 17, 2019

As war gives oil a jolt, BW Offshore — which earned revenues of $870 million in 2018 — is readying floating production storage and offloading vessel (FPSO) candidates for Brazil and the North Sea, just as its about-to-be-strengthened other half…

FPSO Market Growth Props BW Offshore’s Africa Plan

Aug 22, 2019

Global floating production services provider BW Offshore has confirmed a one-year extension for the lease and operation of the FPSO Petroleo Nautipa on the Etame field offshore Gabon for VAALCO Energy.BW Offshore, which owns a fleet of 15 floating production…

Vaalco extends BW Offshore FPSO charter

Aug 19, 2019

The owner and operator of floating production storage and offloading (FPSO) vessels BW Offshore has received a one-year contract extension for the lease of one of vessels from Vaalco Energy.The Oslo Stock Exchange-listed company said in a press…

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