BW Offshore wins extension for Polvo FPSO

FPSO operator BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of FPSO Polvo operating offshore Brazil. 

BW Offshore said last Friday that the firm period had been extended from the third quarter of 2019 to the third quarter 2020, with options until 3Q 2022.

The FPSO Polvo was previously awarded a one-year extension back in January 2018. This option expires in the third quarter of 2019.

BW Offshore is operating the FPSO Polvo on the Petrorio-operated Polvo field located in the Campos basin offshore Brazil, approximately 100 kilometers off the coast of Rio de Janeiro, in water depths of around 100 meters.

The field has been developed with a fixed platform, known as Polvo A, and the FPSO Polvo, which is capable of handling a daily oil production of 90,000 barrels of oil per day, with a storage capacity of 1.6 million barrels.

It is worth reminding that BW Offshore in May 2018 contracted PG Flow Solutions to supply water booster pumps for the Polvo FPSO life extension project.

The scope of work was the engineering, procurement, assembly of pump skid, and commissioning of two produced water booster pumps in super duplex materials, with 150kW electrical motors, variable frequency drives, and pressurized seal system.

Offshore Energy Today Staff