BW Offshore has been awarded a six-year extension for its floating production, storage and offloading (FPSO) vessels by Addax Petroleum, subsidiary of China’s Sinopec, in Nigeria
The contract period for the FPSO vessel Sendje Berge has been extended to Q1 2018, with options to extend up to Q1 2020, the Norwegian company said.
The agreement reportedly secures operational continuity while waiting for final approval from the Nigerian authorities.
In 2010, Sinopec had extended the contract for the use of the vessel offshore Nigeria in the Okwori field.
