BW Offshore has signed a Letter of Intent for a two years extension for FPSO Abo with Nigerian Agip Exploration Limited, an affiliate of ENI S.p.A. until Q4 2016.
Agip Exploration will have options to extend the FPSO charter for additional seven years (until Q4 2023).
Abo FPSO has a storage capacity of 930,000 barrels of oil and oil treatment capacity of up to 45,000 bopd, a water injection capacity of 30,000 bwpd and a gas compression capacity of 48,4 mmscfd
BW Offshore is a provider of floating production services to the oil and gas industry.