BW Offshore’s FPSO Polvo gets another extension in Brazil

FPSO operator BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo located offshore Brazil. 

FPSO Polvo
FPSO Polvo; Source: BW Offshore

The firm period has been extended from 3Q 2020 to 3Q 2021, with options until 3Q 2022, BW Offshore said last Saturday.

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

The previous, sixth extension, was agreed in January 2019.

BW Offshore is operating the FPSO Polvo on the Petrorio-operated Polvo field located in the Campos basin offshore Brazil, approximately 100 kilometers off the coast of Rio de Janeiro, in water depths of around 100 meters.

The field has been developed with a fixed platform, known as Polvo A, and the FPSO Polvo, which is capable of handling a daily oil production of 90,000 barrels of oil per day, with a storage capacity of 1.6 million barrels.

Offshore Energy Today Staff


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product, or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply