BW Offshore Secures Extension for Espoir Ivoirien FPSO from CNR

CNR International has exercised option to extend the fixed term of the lease contract for floating production storage and offloading vessel (FPSO) Espoir Ivoirien.

The contract extension is from 2017 to 2022, BW Offshore informed.

The terms are based on existing extension options, with some adjustments for life extension investment scope, delivering cost savings for both parties, the company noted.

The Espoir Ivoirien FPSO is moored in 120 meters of water offshore Cote d’Ivoire (Ivory Coast).

 

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