* Petrobras America Inc. has exercised the option to extend the fixed term of the lease contract for FPSO BW Pioneer from Q1 2017 to Q1 2020 * Will in Q2 2016 replace parts of subsea mooring ...

(RTTNews) - Murphy Oil Corp. (MUR) announced that it agreed to acquire the BW Pioneer floating production storage and offloading vessel or FPSO from BW Offshore. The gross purchase price is $125 ...

The FPSO will remain at its current location, supporting operations at the Cascade field (Walker Ridge 206 and 250) and Chinook field (Walker Ridge 469 and 425) in the Gulf of America.

The BW Pioneer, the first FPSO approved for US Gulf operations, has been in service since it was conversion in 2009. It can store about 600,000 barrels of crude and process about 80,000 barrels ...

The FPSO divestment is part of BW Offshore’s strategy to transition to floating energy infrastructure investments. The sale frees up more than $50 million of liquidity and releases $9 million of ...

The FPSO will remain at its current location, supporting operations at the Cascade field (Walker Ridge 206 and 250) and Chinook field (Walker Ridge 469 and 425) in the Gulf of America.

The FPSO, which is nearing completion, has achieved an impressive safety record of more than four million incident-free man-hours to-date. BW Pioneer has been leased by Petrobras America Inc ...

FPSO BW Opal is one of the largest FPSOs ever delivered to Australia and will be deployed at the Santos operated Barossa Field located 285 km offshore Darwin in northern Australia.

BW 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.

** CEO Carl Arnet in FPSO (floating production, storage and offloading) firm BW Offshore Ltd says the Catcher field project in the British North Sea will add about $200 mln in annual EBITDA to its ...

This is its 18th FPSO for BW Offshore. Seatrium Limited has delivered another floating production storage, and offloading (FPSO) vessel named BW Opal to BW Offshore. “The successful delivery ...