Addax extends FPSO Sendje Berge contract
- Business & Finance
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.