BW Offshore Company News

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West Africa FPSO Contract Extended
Thursday, July 23, 2020BW Offshore reported that it has secured a one-year contract extension.

FPSO Attack Bolsters Piracy Hotspot Reputation
Friday, July 10, 2020Take a look back at popular downstream-related articles on Rigzone from the past week.

Petrobras Extends FPSO Contract with BW Offshore
Tuesday, June 09, 2020BW Offshore has received an extension agreement for the BW Cidade de Sao Vicente FPSO vessel from Petrobras.

BW Offshore Records $233MM Impairment for 1Q
Wednesday, May 27, 2020The impairment reflects uncertainty on FPSO redeployment in the current market turmoil.

BW Offshore Gets FPSO Contract Extension
Wednesday, April 29, 2020With this update the contract will expire on June 11, 2020.

Murphy and Petrobras Award Five-year FPSO Contract
Thursday, March 19, 2020The MP GOM partnership between Murphy EXPRO and Petrobras America has hired the BW Pioneer FPSO for at least five years.

Norway's $24B Fund Seeing End To Losses In Oil Services
Wednesday, August 17, 2016The 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, 2016Keppel 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, 2016BW 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, 2016Australia'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, 2016BW 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, 2015Companies 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, 2015BW 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, 2015Norway'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, 2015BW 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, 2015Dyna-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, 2014AWE 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, 2014Petronas 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, 2014Kongsberg 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, 2014BW 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, 2014Yinson 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, 2014Ithaca 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, 2014BW 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, 2014BW 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, 2014BW 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, 2013BW 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, 2012BW 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, 2012The 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, 2010National 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, 2010BW 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, 2010BW 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, 2010BW 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, 2010BW 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, 2010BW 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, 2010BW 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, 2010BW 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, 2009First 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, 2009First 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, 2009Keppel 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, 2009FloaTEC, 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, 2009Petrobras 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, 2009Leading 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, 2009BW 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, 2009BW 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, 2009Today, 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, 2009AZA 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, 2009Sonardyne 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, 2008Anzon 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, 2008APL 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, 2008BW Offshore announced that Addax Petroleum Exploration has extended the lease contract for the FPSO Sendje Berge by two years until March 2011.