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BW Offshore FPSO extends lease with Petrobras

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Oilfield Technology,

BW Offshore has received a notice from Petrobras extending the lease and operation agreement of the FPSO BW Cidade de São Vicente by 120 days. The contract will now 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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Upstream news Offshore news Brazil upstream news Oil & gas news