Oslo-based BW Offshore has received a one-year contract extension for the lease and operation of the floating production storage and offloading (FPSO) vessel Petróleo Nautipa.
The firm period has been extended to the third quarter of 2021 from the third quarter of 2020, with options until the third quarter of 2022.
The FPSO is currently operating on the Etame field offshore Gabon for VAALCO Energy.