BW Pioneer Secures Work for Three More Years
Image Courtesy: PetrobrasThe oil and gas company Petrobras America Inc. has extended the lease contract for the floating production offloading and storage (FPSO) unit BW Pioneer for another three years.
According to the vessel’s owner, global operator of FPSOs BW Offshore, the ship was further hired for the period from the first quarter of 2017 to the first quarter of 2020.
Additionally, BW Offshore said that it plans to replace parts of the subsea mooring system for BW Pioneer during the second quarter of 2016.
The company said that the replacement, which will be partly covered by insurance, will see the FPSO BW Pioneer disconnected resulting in approximately two months of downtime.
Featuring an oil production capacity of 80,000 bbl/d and a storage capacity of 600,000 bbl, BW Pioneer started working for Petrobras in 2012 in the ultra-deep waters of the Chinook oilfield some 250 kilometers off the coast of the State of Louisiana in the U.S. Gulf of Mexico.
BW Offshore owns a fleet of fourteen FPSOs and one FSO, and operates additional two FPSOs. In more than 30 years of production, BW Offshore has executed 38 FPSO and FSO projects.
