BW Offshore extends lease for FPSO Polvo

Published by Nicholas Woodroof, Editor
Oilfield Technology, Tuesday, 14 January 2020 12:00

BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to 3Q21 (from 3Q20), with options until 3Q22.

The contract has been extended multiple times since the original firm contract ended in 2014, and this extension represents the 7th extension with the FPSO operating on the Polvo field in the Campos Basin in Brazil during the whole period.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/14012020/bw-offshore-extends-lease-for-fpso-polvo/

Wood Mackenzie: Era of US$2 - 4/million btu Henry Hub natural gas prices ending

Thursday 02 July 2026 12:12

Era of US$2 - 4/million btu Henry Hub natural gas prices ending as demand and supply conditions shift toward US$5/million btu (real) by 2035.

Embed article link: (copy the HTML code below):

This article has been tagged under the following:

Upstream news Offshore news Brazil upstream news Oil & gas news

You might also like