BW Offshore: Operation contract with Statoil
(Thomson Reuters ONE) -
BW Offshore has signed a 5 year contract with Statoil for the operation of the
FPSO Peregrino, with options for additional 15 years. The unit is operating on
the Peregrino oil field offshore Brazil. BW Offshore will take over operation
after a transition period of 6 months.
BW Offshore is the world's second largest FPSO company, with more than 30 years
of experience and operations in 13 countries. The operational performance is
class leading with regards to both HSE and production uptime.
BW Offshore has a strong onshore and offshore team in Brazil. From 2013, BW
Offshore will operate five FPSOs in Brazil: BW Cidade de São Vicente, Cidade de
São Mateus, Polvo, P-63/Papa Terra (owned by Petrobras and Chevron) and FPSO
Peregrino (owned by Statoil and Sinochem).
BW Offshore is constantly working on optimising operational and financial
performance. The addition of the FPSO Peregrino to the operational fleet will
further strengthen BW Offshore's position.
For further information, please contact:
Knut R. Sæthre, CFO, +47 9111 7876 (Media)
Kristian Flaten, Vice President IR and Corporate Finance, +47 9509 2322
(Investors/analysts)
About BW Offshore:
BW Offshore is a leading global provider of floating production services to the
oil and gas industry. BW Offshore is the world's second largest contractor with
a fleet of 14 FPSOs and 2 FSOs represented in all major oil regions world-wide.
BW Offshore has an excellent track record on project execution and operations,
as well as a robust balance sheet and strong financial capabilities. In 30 years
of production, BW Offshore has successfully executed more than 30 FPSO and FSO
projects. The company is listed on the Oslo Stock Exchange. Further information
is also available on www.bwoffshore.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: BW Offshore via Thomson Reuters ONE
[HUG#1619182]
Unternehmensinformation / Kurzprofil:
Datum: 12.06.2012 - 16:00 Uhr
Sprache: Deutsch
News-ID 155766
Anzahl Zeichen: 2708
contact information:
Town:
Oslo
Kategorie:
Business News
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"BW Offshore: Operation contract with Statoil"
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