Ivory Coast: BW Offshore Gets Contract Extension for FPSO Espoir Ivoirien

BW Offshore has signed a contract with CNR International (Côte d’Ivoire) SARL for a four year extension for the lease and operation of the FPSO Espoir Ivoirien.

The firm period has been extended to Q2 2017 (from Q1 2013). The option period has been extended by 14 years to Q2 2036 (from Q1 2022).

The contract has a total revenue value of USD 925 million including options, up from USD 250 million under the previous contract.

[mappress]
Press Release, September 26, 2012