BW Offshore Company News
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Norway's $24B Fund Seeing End To Losses In Oil Services
Wednesday, August 17, 2016 The worst could be over for investors in Norwegian oil service high yield bonds.
Keppel Wins $89M Deals for Work on 3 Floating Facilities, 1 Pipelay Vessel
Friday, July 08, 2016 Keppel Shipyard wins contracts valued at $89 million for work on three floating facilities and a pipelay vessel.
BW Offshore Secures 3 Year Contract Extension for FPSO BW Pioneer
Tuesday, April 26, 2016 BW Offshore secures a three year extension for FPSO BW Pioneer's contract from Petrobras.
New Zealand's Tui Project JV Extends Contract for FPSO Umuroa to 4Q 2017
Monday, January 25, 2016 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.
BW Athena FPSO to Demobilize from UKCS in February
Friday, January 22, 2016 BW Offshore comes to an agreement with Ithaca Energy to demobilize the FPSO BW Athena in February 2016.
Petroleum Companies Need to Focus on Reducing Industry Cost
Wednesday, April 22, 2015 Companies need to reduce petroleum industry cost to bring offshore hydrocarbons into production economically, speakers at a conference in Singapore say.
BW Offshore: Demand for New Leased Units 'Currently Uncertain'
Monday, February 16, 2015 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.
BW Offshore Says Four Brazilians, One Indian among Workers Killed
Friday, February 13, 2015 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.
BW Confirms Five Deaths, Four Missing in FPSO Explosion Offshore Brazil
Thursday, February 12, 2015 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.
Dyna-Mac Bags $71M Contract to Build Topsides, Flare Tower for Catcher FPSO
Tuesday, January 06, 2015 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.
AWE Extends FPSO Umuroa's Contract with BW Offshore to 4Q 2016
Wednesday, December 24, 2014 AWE extends contract with BW Offshore for FPSO Umuroa to operate offshore New Zealand until the fourth quarter of 2016.
Petronas Carigali Extends BW Offshore's Contract for FPSO Berge Helene
Thursday, October 30, 2014 Petronas Carigali's unit extends BW Offshore's contract for FPSO Berge Helene for two years.
Kongsberg Bags Contract from BW Offshore for Catcher FPSO
Friday, August 29, 2014 Kongsberg Maritime Engineering bags contract from BW Offshore for Catcher floating production, storage and offloading vessel.
BW Offshore Takes 100% Ownership of Petroleo Nautipa FPSO
Thursday, July 24, 2014 BW Offshore pays almost $60 million to take complete ownership of the Petroleo Nautipa FPSO vessel.
Yinson Gets BW's Proposal on Full Ownership of FPSO Petroleo Nautipa
Thursday, July 10, 2014 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.
BW Signs Extension to Athena FPSO Contract
Friday, June 06, 2014 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.
BW Offshore Signs Deal for Catcher Field FPSO
Friday, May 02, 2014 BW Offshore signs a deal with Premier Oil to supply an FPSO vessel to operate on the Catcher oilfield in the UK North Sea.
BW Offshore Gives Up Polvo Field Stake
Monday, April 14, 2014 BW Offshore chooses to terminate letter of intent that would have allowed it to acquire 30 percent of the Polvo field, offshore Brazil.
BW Offshore Acquires VLCC from DSME for Future FPSO Project
Friday, January 03, 2014 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.
BW Agrees Sendje Berge FPSO Extension with Addax
Wednesday, July 17, 2013 BW Offshore agrees to extend Addax's use of the Sendje Berge FPSO vessel offshore Nigeria until 1Q 2004.
BW Offshore Seals $925M FPSO Extension Deal with CNR
Thursday, September 27, 2012 BW Offshore inks a four year extension contract with CNR for the lease and operation of Espoir Ivoirien.
BW Joko Tole Receives First Gas from Indonesia's TSB Field
Wednesday, June 06, 2012 The BW Joko Tole FPSO project is BW Offshore's first to be entirely run from its Singapore base.
National Oilwell Acquires FPSO Designer APL
Wednesday, December 08, 2010 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
BW Offshore Bags FPSO for Athena Field
Thursday, September 09, 2010 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.
BW Offshore Secures OSX Floater Work
Monday, August 02, 2010 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.
BW Offshore Clinches $875MM Gas FPSO Contract in Indonesia
Friday, July 16, 2010 BW Offshore has signed a contract with Kangean Energy Indonesia for a gas FPSO to operate on the Terang Sirasun Batur fields in Indonesia.
BW Offshore Scores Technology Contract for ENI's Goliat
Thursday, July 01, 2010 BW Offshore, has signed a contract with ENI Norge AS for the supply of a complete offloading system.
BW Offshore to Complete FPSO in Brazil
Monday, May 10, 2010 BW Offshore has received an authorization to proceed with the completion of the FPSO OSX-1.
BW Offshore Signs LOI for BW Carmen FPSO
Monday, March 15, 2010 BW Offshore has signed a Letter of Intent for the use of the FPSO BW Carmen with Ithaca Energy and partners.
BW Offshore to Deliver Marine Scope of P-63 FPSO Conversion
Monday, February 01, 2010 BW Offshore will deliver the marine scope of the FPSO P-63 conversion, including the hull, offloading systems and mooring equipment for the vessel.
First Subsea Dives into Neptune Installation Project
Monday, December 14, 2009 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.
Peregrino STP Buoy Goes Overboard for Tow Out
Thursday, December 03, 2009 First Subsea reported that the Peregrino FPSO submerged turret production (STP) buoy has been lowered overboard in preparation for tow out.
BW Pioneer FPSO on Track for GOM Operations in 2010
Monday, October 26, 2009 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.
FloaTEC Inks LOI with Petrobras for P-61 Platform
Friday, October 09, 2009 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.
BW Offshore Signs LOI for Papa Terra FPSO
Thursday, October 08, 2009 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.
BW Offshore Selects IFS Project-Based Solutions
Tuesday, September 29, 2009 Leading FPSO contractor BW Offshore has selected IFS to provide business application solutions.
BW Offshore Inks Charter with Shell UK for FPSO BW Carmen
Friday, August 28, 2009 BW Offshore has signed a short term charter contract for the FPSO BW Carmen with Shell U.K. Limited.
BW Offshore Updates on Agreement for FPSO Nexus 1
Tuesday, April 28, 2009 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.
BMG Project Participants File Defense in Australian Court
Friday, April 17, 2009 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.
BW Offshore Files Claim against BMG Project Participants
Friday, February 20, 2009 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.
Sonardyne Snags Life-of-Field Contract for Petrobras' Cascade, Chinook
Wednesday, February 18, 2009 Sonardyne will supply an integrated acoustic positioning and telemetry system for Petrobras America's Gulf of Mexico Cascade Chinook field.
Anzon Calls Off Deal with BW Offshore for Basker Manta Gummy FPSO
Friday, December 19, 2008 Anzon Australia Ltd. has terminated the LOI signed with BW Offshore for the supply of a FPSO for the proposed BMG Phase-2 Project.
APL to Provide FLNG Equipment to Samsung Heavy Industries
Thursday, September 25, 2008 APL has been awarded a contract, valued at around $90-100 million, from Samsung Heavy Industries for the delivery of Shipboard equipment packages for LNG FPSOs.
Addax Extends Lease Contract for FPSO Sendje Berge
Wednesday, September 24, 2008 BW Offshore announced that Addax Petroleum Exploration has extended the lease contract for the FPSO Sendje Berge by two years until March 2011.
First Subsea to Supply Connectors for Neptune's Deep Water Project
Tuesday, September 02, 2008 APL Offshore Singapore Pte. Ltd. has awarded First Subsea Ltd. a contract to supply four diverless bend stiffener connectors for two STL buoys destined for the Neptune Deep Water Project North and South.
Carl Arnet Takes Helm as BW Offshore's New CEO
Monday, August 18, 2008 BW Offshore announced a change of leadership as Carl Arnet takes over as CEO from Svein Moxnes Harfjeld. Arnet, who is CEO of APL, has been Deputy CEO at BW Offshore since the APL acquisition in 2007.
BW Offshore Inks LOI for FPSO Installation Offshore Brazil
Thursday, July 31, 2008 BW Offshore was awarded a LOI with Maersk Contractors for the installation of the submerged turret production and mooring system for the Peregrino FPSO offshore Brazil.
Keppel Lands $110MM Contracts for Work on 3 Vessels
Monday, July 28, 2008 Keppel Shipyard has secured contracts amounting to $110 million for the upgrading, modification and conversion of three vessels from repeat customers, which include Boskalis and BW Offshore.
BW Offshore Bags $100MM Pazflor Contract
Friday, July 18, 2008 BW Offshore received a LOA from Total for the engineering, procurement and fabrication of a Buoy Turret Loading system for the PAZFLOR project deep-Offshore Angola. The contract is valued at $100 million, and the project is due early 2011.
BW Offshore Snags LNG Buoy Installation Contract
Thursday, June 19, 2008 BW Offshore has signed a contract with SUEZ Energy North America for the installation of the dual Submerged Turret Loading (STL) Buoy system for the Neptune LNG Deepwater Port terminal off the coast of Gloucester, Massachusetts.