BW Offshore Inks Contract Extension for FPSO Polvo
Post date: 13.01.2014 , Views: 403
The firm period has been extended to Q3 2015 (from Q3 2014), with options until Q3 2022.
The Polvo oil field is owned by HRT (operator, 60%) and Maersk (40%). With reference to BW Offshores notice to the Oslo Stock Exchange on 13 December 2013, BW Offshore has signed a Letter of Intent to acquire 30% of the Polvo field from HRT.
BW Offshore, January 13, 2014