BW Offshore Company News

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Gabon Operator Secures Borr Rig for Drilling Campaign
VAALCO has executed a contract with Borr Jack-Up XIV for its 2021/2022 drilling program.
8:00 PM EST | June 17, 2021
FPSO License Expiry Wave Could Help Marginal Field Operators
A record number of FPSO vessel licenses are set to expire in 2022, according to Westwood Global Energy Group.
8:00 PM EST | May 23, 2021
NOV Wins Barossa Submerged Turret Contract
A unit of NOV will supply a submerged turret production system for the Santos-operated project.
8:00 PM EST | May 13, 2021
Eni Unit Extends Africa FPSO Contract
Nigerian Agip Exploration has extended its contract for the Abo FPSO, pictured above. PHOTO SOURCE: BW Offshore
7:00 PM EST | January 04, 2021
West Africa FPSO Contract Extended
BW Offshore reported that it has secured a one-year contract extension.
8:00 PM EST | July 22, 2020
FPSO Attack Bolsters Piracy Hotspot Reputation
Take a look back at popular downstream-related articles on Rigzone from the past week.
8:00 PM EST | July 09, 2020
Petrobras Extends FPSO Contract with BW Offshore
BW Offshore has received an extension agreement for the BW Cidade de Sao Vicente FPSO vessel from Petrobras.
8:00 PM EST | June 08, 2020
BW Offshore Records $233MM Impairment for 1Q
The impairment reflects uncertainty on FPSO redeployment in the current market turmoil.
8:00 PM EST | May 26, 2020
BW Offshore Gets FPSO Contract Extension
With this update the contract will expire on June 11, 2020.
8:00 PM EST | April 28, 2020
Murphy and Petrobras Award Five-year FPSO Contract
The MP GOM partnership between Murphy EXPRO and Petrobras America has hired the BW Pioneer FPSO for at least five years.
8:00 PM EST | March 18, 2020
Norway's $24B Fund Seeing End To Losses In Oil Services
The worst could be over for investors in Norwegian oil service high yield bonds.
8:00 PM EST | August 16, 2016
Keppel Wins $89M Deals for Work on 3 Floating Facilities, 1 Pipelay Vessel
Keppel Shipyard wins contracts valued at $89 million for work on three floating facilities and a pipelay vessel.
8:00 PM EST | July 07, 2016
BW Offshore Secures 3 Year Contract Extension for FPSO BW Pioneer
BW Offshore secures a three year extension for FPSO BW Pioneer's contract from Petrobras.
8:00 PM EST | April 25, 2016
New Zealand's Tui Project JV Extends Contract for FPSO Umuroa to 4Q 2017
Australia's AWE and partners in offshore New Zealand's Tui oil development extend the contract for BW Offshore's FPSO Umuroa by a year to the fourth quarter of 2017.
7:00 PM EST | January 24, 2016
BW Athena FPSO to Demobilize from UKCS in February
BW Offshore comes to an agreement with Ithaca Energy to demobilize the FPSO BW Athena in February 2016.
7:00 PM EST | January 21, 2016
Petroleum Companies Need to Focus on Reducing Industry Cost
Companies need to reduce petroleum industry cost to bring offshore hydrocarbons into production economically, speakers at a conference in Singapore say.
8:00 PM EST | April 21, 2015
BW Offshore: Demand for New Leased Units 'Currently Uncertain'
BW Offshore says that despite short-term demand for new leased floating production units, it still expects outsourced production to be a cost-effective solution for oil firms.
7:00 PM EST | February 15, 2015
BW Offshore Says Four Brazilians, One Indian among Workers Killed
Norway's BW Offshore says four of its workers killed in an explosion offshore Brazil this week were Brazilian nationals while the fifth worker killed was Indian.
7:00 PM EST | February 12, 2015
BW Confirms Five Deaths, Four Missing in FPSO Explosion Offshore Brazil
BW Offshore confirms that fatalities from the explosion onboard the floating production, storage and offloading unit Cidade de Sao Mateus, offshore Brazil has risen to five, with four crew still missing.
7:00 PM EST | February 11, 2015
Dyna-Mac Bags $71M Contract to Build Topsides, Flare Tower for Catcher FPSO
Dyna-Mac bags a $71.2 million contract from BW Offshore to build topside modules and flare tower for a floating production, storage and offloading vessel that will be deployed to UK's Catcher oil fields.
7:00 PM EST | January 05, 2015
AWE Extends FPSO Umuroa's Contract with BW Offshore to 4Q 2016
AWE extends contract with BW Offshore for FPSO Umuroa to operate offshore New Zealand until the fourth quarter of 2016.
7:00 PM EST | December 23, 2014
Petronas Carigali Extends BW Offshore's Contract for FPSO Berge Helene
Petronas Carigali's unit extends BW Offshore's contract for FPSO Berge Helene for two years.
8:00 PM EST | October 29, 2014
Kongsberg Bags Contract from BW Offshore for Catcher FPSO
Kongsberg Maritime Engineering bags contract from BW Offshore for Catcher floating production, storage and offloading vessel.
8:00 PM EST | August 28, 2014
BW Offshore Takes 100% Ownership of Petroleo Nautipa FPSO
BW Offshore pays almost $60 million to take complete ownership of the Petroleo Nautipa FPSO vessel.
8:00 PM EST | July 23, 2014
Yinson Gets BW's Proposal on Full Ownership of FPSO Petroleo Nautipa
Yinson Holdings gets proposal from BW Offshore on taking full ownership of floating production, storage and offloading vessel Petroleo Nautipa, now 50-50 owned by subsidiaries of both firms.
8:00 PM EST | July 09, 2014
BW Signs Extension to Athena FPSO Contract
Ithaca Energy signs an extension to its agreement with BW Offshore that will see it use the BW Athena FPSO for up to five more years.
8:00 PM EST | June 05, 2014
BW Offshore Signs Deal for Catcher Field FPSO
BW Offshore signs a deal with Premier Oil to supply an FPSO vessel to operate on the Catcher oilfield in the UK North Sea.
8:00 PM EST | May 01, 2014
BW Offshore Gives Up Polvo Field Stake
BW Offshore chooses to terminate letter of intent that would have allowed it to acquire 30 percent of the Polvo field, offshore Brazil.
8:00 PM EST | April 13, 2014
BW Offshore Acquires VLCC from DSME for Future FPSO Project
BW Offshore acquires tanker Blue Opal for $83.4 million from Daewoo Shipbuilding & Marine Engineering Co., with the vessel to be converted for a future floating production, storage and offloading project.
7:00 PM EST | January 02, 2014
BW Agrees Sendje Berge FPSO Extension with Addax
BW Offshore agrees to extend Addax's use of the Sendje Berge FPSO vessel offshore Nigeria until 1Q 2004.
8:00 PM EST | July 16, 2013
BW Offshore Seals $925M FPSO Extension Deal with CNR
BW Offshore inks a four year extension contract with CNR for the lease and operation of Espoir Ivoirien.
8:00 PM EST | September 26, 2012
BW Joko Tole Receives First Gas from Indonesia's TSB Field
The BW Joko Tole FPSO project is BW Offshore's first to be entirely run from its Singapore base.
8:00 PM EST | June 05, 2012
National Oilwell Acquires FPSO Designer APL
National Oilwell Varco, Inc. has acquired Advanced Production and Loading PLC (APL), a subsidiary of BW Offshore Limited. APL, based in Norway, designs and manufactures turret mooring systems and other products for Floating Production, Storage and Of
7:00 PM EST | December 07, 2010
BW Offshore Bags FPSO for Athena Field
BW Offshore has signed the contract for the FPSO BW Carmen with Ithaca Energy and partners. The FPSO will be employed on the Athena oil field in the UK sector.
8:00 PM EST | September 08, 2010
BW Offshore Secures OSX Floater Work
BW Offshore has signed the contract for the completion of the FPSO OSX-1, a project with an approximate value of the scope of $150MM.
8:00 PM EST | August 01, 2010
BW Offshore Clinches $875MM Gas FPSO Contract in Indonesia
BW Offshore has signed a contract with Kangean Energy Indonesia for a gas FPSO to operate on the Terang Sirasun Batur fields in Indonesia.
8:00 PM EST | July 15, 2010
BW Offshore Scores Technology Contract for ENI's Goliat
BW Offshore, has signed a contract with ENI Norge AS for the supply of a complete offloading system.
8:00 PM EST | June 30, 2010
BW Offshore to Complete FPSO in Brazil
BW Offshore has received an authorization to proceed with the completion of the FPSO OSX-1.
8:00 PM EST | May 09, 2010
BW Offshore Signs LOI for BW Carmen FPSO
BW Offshore has signed a Letter of Intent for the use of the FPSO BW Carmen with Ithaca Energy and partners.
8:00 PM EST | March 14, 2010
BW Offshore to Deliver Marine Scope of P-63 FPSO Conversion
BW Offshore will deliver the marine scope of the FPSO P-63 conversion, including the hull, offloading systems and mooring equipment for the vessel.
7:00 PM EST | January 31, 2010
First Subsea Dives into Neptune Installation Project
First Subsea has completed the installation of four diverless bend stiffeners for risers and umbilicals on two submerged turret loading buoys for the Neptune Deep Water Project North and South, off the coast of Gloucester, Massachusetts.
7:00 PM EST | December 13, 2009
Peregrino STP Buoy Goes Overboard for Tow Out
First Subsea reported that the Peregrino FPSO submerged turret production (STP) buoy has been lowered overboard in preparation for tow out.
7:00 PM EST | December 02, 2009
BW Pioneer FPSO on Track for GOM Operations in 2010
Keppel Shipyard is on track to deliver the BW Pioneer FPSO vessel, which will operate in the Cascade and Chinook field of the US Gulf of Mexico.
8:00 PM EST | October 25, 2009
FloaTEC Inks LOI with Petrobras for P-61 Platform
FloaTEC, a joint venture between offshore and marine unit Keppel FELS and J. Ray McDermott, has signed a letter of intent with Petrobras and Chevron for a $1.1 billion oil platform in Brazil.
8:00 PM EST | October 08, 2009
BW Offshore Signs LOI for Papa Terra FPSO
Petrobras and Chevron have concluded the contracting and negotiation process with the consortium of BW Offshore and the Brazilian industrial group QUIP for the FPSO P-63, which will operate offshore Brazil at the Papa Terra field.
8:00 PM EST | October 07, 2009
BW Offshore Selects IFS Project-Based Solutions
Leading FPSO contractor BW Offshore has selected IFS to provide business application solutions.
8:00 PM EST | September 28, 2009
BW Offshore Inks Charter with Shell UK for FPSO BW Carmen
BW Offshore has signed a short term charter contract for the FPSO BW Carmen with Shell U.K. Limited.
8:00 PM EST | August 27, 2009
BW Offshore Updates on Agreement for FPSO Nexus 1
BW Offshore has the intention to enter into an agreement with Nexus Floating Production related to the field specific upgrade and operation of the Nexus FPSO 1.
8:00 PM EST | April 27, 2009
BMG Project Participants File Defense in Australian Court
Today, the participants in the BMG Project have jointly filed a Defence to the Statement of Claim in the Federal Court of Australia related to BW Offshore's claim seeking recovery costs for the BMG Phase 2 Project.
8:00 PM EST | April 16, 2009
BW Offshore Files Claim against BMG Project Participants
AZA received notice of a claim against the participants in the BMG Project by BW Offshore in the Federal Court of Australia seeking recovery of costs relating to terminating third party vendor contracts.
7:00 PM EST | February 19, 2009