BW Offshore secures FPSO lease extension from Vaalco Energy

BW Offshore has received a one-year contract extension for the lease and operation of the floating production storage and offloading vessel (FPSO) Petróleo Nautipa.

The firm period has now been extended to the third quarter of 2022.

The FPSO is operating on the Etame oil field offshore Gabon for US-based Vaalco Energy.