BW Offshore: Contract extension for Polvo

(Thomson Reuters ONE) -


BW Offshore has signed an agreement with Petrorio for a one year extension for
the lease and operation of the FPSO Polvo. The firm period has been extended to
Q3 2016 (from Q3 2015), with options until Q3 2022.

For further information, please contact:
Kristian Flaten, Vice President IR and Corporate Finance, +47 9509 2322


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 1 FSO represented in all major oil regions world-wide.
The company also operates additional 2 FPSOs. BW Offshore has a long track
record on project execution and operations, as well as a robust balance sheet
and strong financial capabilities. In more than 30 years of production, BW
Offshore has executed 38 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 pursuant to section
5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1908136]

Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 01.04.2015 - 07:30 Uhr
Sprache: Deutsch
News-ID 382669
Anzahl Zeichen: 1753

contact information:
Town:

Oslo

Kategorie:

Business News

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