Bw Offshore News


Ivory Coast: BW Offshore in Short-term FPSO Charter Extension to Discuss Potential Sale

Apr 27, 2023

FPSO leasing company BW Offshore said Wednesday it had signed another short-term extension for the lease and operation of the FPSO Espoir Ivoirien.The FPSO is operating on the Espoir field offshore the Ivory Coast for CNR International. The…

BW Offshore Sells BW Athena FPSO

Apr 19, 2023

FPSO-leasing company BW Offshore has completed the sale of its BW Athena FPSO to an undisclosed third party. 'The transaction is part of BW Offshore’s strategy to transition to floating energy infrastructure investments. The sale of the FPSO…

BW Offshore Secures Short-term Extension for Abo FPSO in Nigerian Waters

Apr 18, 2023

Oslo-listed FPSO leasing firm BW Offshore has signed a short-term extension for the Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of Italy's Eni.The contract extension is, according to BW Offshore, until October 15, 2023, at the latest…

BW Offshore Secures Contract Extension for Ivory Coast FPSO to Discuss Sale Option

Apr 03, 2023

Oslo-listed FPSO leasing firm BW Offshore said Friday it had signed a short-term extension for the lease and operation of the FPSO Espoir Ivoirien.The FPSO is operating on the Espoir field offshore the Ivory Coast for CNR International.The short…

BW Offshore Wraps Sale of BW Opportunity FPSO

Mar 15, 2023

BW Offshore said Wednesday it had closed the transaction for the sale of the FPSO BW Opportunity for $125 million to an undisclosed third party.The Oslo-listed FPSO provider last Friday said it had agreed to sell the laid-up FPSO to an unnamed buyer…

Eight Years After Deadly Explosion Offshore Brazil, BW Offshore Finds Buyer for Laid-up FPSO

Mar 10, 2023

Oslo-listed FPSO provider BW Offshore has agreed to sell the laid-up FPSO BW Opportunity to an undisclosed third party for $125 million. BW Offshore said Friday that the sale was subject to conditions precedent and is expected to be completed by the end of the first quarter of 2023…

BW Offshore's Abo FPSO Gets to Stay with Eni in Nigeria Until March End

Jan 13, 2023

FPSO leasing firm BW Offshore has signed another short-term extension for Abo FPSO offshore Nigeria.The contract extension is with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil firm Eni. The extension runs until March 31, 2023…

Short-term Extension for BW Offshore FPSO in Nigeria

Jan 03, 2023

Oslo-listed FPSO leasing firm BW Offshore has signed a short-term contract extension for the Abo FPSO in Nigeria.The contract, which runs until January 14, 2023, is with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil giant Eni…

Shell Extends LNTP with BW Offshore & Saipem for Gato do Mato FPSO

Nov 10, 2022

FPSO leasing firm BW Offshore said Thursday that Shell and its partners have extended the limited notice to proceed (LNTP) period with BW Offshore and Saipem in relation to the supply of an FPSO for the Gato do Mato oil and gas field offshore Brazil…

BW Offshore Transfers Ownership, Operation of FPSO to Pemex

Jul 25, 2022

BW Offshore Limited announced that, effective July 22, 2022, Pemex has assumed the ownership and operation of the FPSO Yùum K’ak Náab in accordance with the terms of the 15 year FPSO financial lease contract that commenced in 2007.Following the transfer…

BW Offshore Sells FPSO Joko Tole

Jun 03, 2022

FPSO leasing company BW Offshore has completed the sale of the FPSO BW Joko Tole.The FPSO was sold to PT Bahari Inti Tanker and PT Cahaya Haluan Pasifik, both of which are Indonesian companies, in consortium with PT Buana Lintas Lautan Tbk, a company publicly listed in Indonesia…

Keppel O&M Wins FPSO Integration Work Worth $180.4M

May 06, 2022

Singapore's Keppel Offshore & Marine has, via its subsidiary Keppel Shipyard, secured contracts worth around S$250 million (~USD180,4 million) for the integration of two Floating Production Storage and Offloading vessels (FPSO).Keppel Offshore & Marine…

BW Offshore Says Fatal Incident in Indian Yard Not Related to Its FPSOs

Apr 27, 2022

Oslo-listed FPSO leasing company BW Offshore said Wednesday a fatal incident had occurred in the Priya Blue shipyard in India, but that it was not related to ongoing recycling of former BW Offshore FPSOs at the yard.BW Offshore said in February…

BW Offshore Sells Laid Up FPSO for $50 Million

Apr 22, 2022

Oslo-listed FPSO leasing company BW Offshore has agreed to sell its laid-up FPSO Polvo to BW Energy for $50 million. BW Energy will redeploy the FPSO in Brazil.The transaction is expected to be concluded by July 24, 2023, at the latest. If the transaction is completed before the said date…

Short-term Extension for Espoir Ivoirien FPSO in Ivory Coast

Apr 04, 2022

Oslo-listed FPSO leasing company BW Offshore has entered into a short-term contract extension for the Espoir Ivoirien FPSO, moored offshore Ivory Coast.The vessel's firm contract with CNR is scheduled to expire in 2022, but there are extension…

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