BW Offshore awarded FPSO lease extension by Petrobras

BW Offshore has received a notice from Petrobras extending the lease and operation agreement of the floating production storage and offloading vessel (FPSO) BW Cidade de São Vicente by 120 days.

With this, the contract for the FPSO will expire on October 9, 2020.

BW Offshore had earlier commenced planning for demobilisation of the unit from the field and is considering temporary lay up in Brazil.

BW Cidade de São Vicente commenced operation for Petrobras in 2009 and has been utilised as a well test facility for the client on multiple locations offshore Brazil.