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Tagged in BW Offshore
BW Offshore Announces Sale of Abo FPSO for USD 20 million
BW Offshore closed on Friday (Sep15) the transaction for the sale of Abo FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group (STAC) for USD 20 million. As part of the transaction, BW Offshore has entered into a bareboat …
Sep 18, 2023 / Vessels
BW Offshore Announces Sale of The FPSO BW Athena
BW Offshore has recently closed the sale of the FPSO BW Athena 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 will have a …
Apr 21, 2023 / Vessels
BW Offshore announces short-term contract extension for two FPSOs
BW Offshore Limited has signed a short-term extension for the lease and operation of the FPSO Espoir Ivoirien in order to discuss a potential purchase of the FPSO by the client. The firm period has been extended until 28 April 2023. The FPSO is …
Apr 6, 2023 / Curious
BW Offshore sells FPSO BW Opportunity for USD 125 million
BW Offshore has signed an agreement for the sale of the FPSO BW Opportunity to an undisclosed third party for a total consideration of USD 125 million. The sale is subject to conditions precedent and is expected to be completed by the end of the …
Mar 11, 2023 / Vessels
BW Offshore: Extension of limited notice to proceed for the Gato do Mato development in Brazil
Extension of limited notice to proceed for the Gato do Mato development in Brazil BW Offshore has announced that Shell Brasil Petróleo Ltda (Shell) and its partners have extended the limited notice to proceed (LNTP) period with BW Offshore and …
Nov 11, 2022 / Vessels
BW Offshore Transfer of Ownership and Operation of FPSO YÙUM K'AK'NÁAB to Pemex
BW Offshore Limited today announces that, with effect from 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 …
Jul 25, 2022 / Vessels
BW Offshore and Saipem target Shell’s Gato do Mato contract
Awarded limited notice to proceed for Shell’s Gato do Mato development in BrazilBW Offshore has announced the award of a limited notice to proceed (LNTP) by Shell Brasil Petróleo Ltda (Shell) and its partners for early-stage engineering and supplier …
May 27, 2022 / Vessels
Fatal accident at Alang yard during cutting of BW Offshore vessel
A worker lost his life while scrapping BW Offshore’s Floating Production Storage and Offloading (FPSO) unit CIDADE DE SAO VICENTE (IMO 7380693) at an Indian beaching yard on 21 April. According to local sources, a nitrogen tank removed from the …
Apr 28, 2022 / Accidents
BW Offshore announces Interim contract extension for FPSO Espoir Ivoirien
BW Offshore has entered into a short-term extension for Espoir Ivoirien from 4 April to 15 May 2022 to allow time to finalise terms for a further contract extension.The FPSO Espoir Ivoirien is operating on the CNR International-operated Espoir field …
Apr 6, 2022 / Vessels
Recycling the FPSO Umuroa in compliance with Hong Kong Convention
BW Offshore has signed an agreement to recycle the FPSO Umuroa in compliance with the Hong Kong International Convention at Baijnath Melaram (‘the Yard’) in India.The sale will generate USD 13.5 million in net liquidity.The Yard is certified to ISO …
Mar 15, 2022 / Vessels