BW Offshore has, together with its Brazilian consortium partners in QUIP and QGOG (Queiroz Galvão Óleo e Gás), signed the contract for the FPSO P-63 with the Papa Terra Joint Venture (Petrobras (operator) and Chevron). QGOG is one of Brazil's largest private groups in the oil and gas sector.
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BW Offshore has presented another set of solid financial and operational figures. The oil process uptime was 100.0% in the third quarter 2009, and the major technology projects are progressing according to schedule.
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APL, a division of BW Offshore, has signed a contract for the supply of two Single Anchor Loading (SAL) systems.
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The official naming ceremony of FPSO BW Pioneer took place in Singapore on 26 October
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The Papa Terra Joint Venture, consisting of Petrobras (operator) and Chevron, has concluded the contracting and negotiation process with the consortium of BW Offshore and the Brazilian industrial group QUIP for the FPSO P-63 for the Papa Terra field.
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