Addax Extends Lease Contract for FPSO Sendje Berge

BW Offshore Ltd.

BW Offshore Limited has announced that Addax Petroleum Exploration has extended the lease contract for the FPSO Sendje Berge by two years until March 2011.

Addax has additional options for a period of up to two years. The FPSO is operating on the Okwori field offshore Nigeria, with a production uptime of 99.9% since start-up in March 2005.


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