BW Offshore Inks Contract Extension for Sendje Berge FPSO

BW Offshore has signed an interim agreement for a six year extension for FPSO Sendje Berge with Addax Petroleum Exploration Ltd, an affiliate of the Sinopec Group.

The firm period has been extended to Q1 2018, with options until Q1 2020. The agreement secures operational continuity while awaiting final contract approval by Nigerian authorities.

BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore is the world’s second largest contractor with a fleet of 14 FPSOs and 1 FSO represented in all major oil regions world-wide. The company also operates additional 2 FPSOs. BW Offshore has a long track record on project execution and operations, as well as a robust balance sheet and strong financial capabilities. In more than 30 years of production, BW Offshore has executed 38 FPSO and FSO projects.

Press Release, March 25, 2014

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