BW Adolo operations successfully handed over to BW Energy
On 20 May 2025, BW Offshore successfully transferred the operations and maintenance (O&M) of the FPSO BW Adolo to BW Energy Gabon SA, a subsidiary of BW Energy. The milestone marks the next phase in the unit’s lifecycle, as BW Energy assumes full operational responsibility.
BW Offshore will continue to own the unit through an amended bareboat charter agreement, with BW Energy Gabon leasing the FPSO on previously agreed terms, excluding O&M services. The agreement also includes a mutual put-and-call option for USD 100 million, exercisable in 2028.
The two companies have worked closely to ensure a safe and seamless transition of operational control, and will continue to collaborate until 30 June 2025 to finalise the handover process.
“Transferring daily operational control of BW Adolo to BW Energy Gabon is a natural step given their growing presence in Gabon and potential to capture efficiencies across the local organisation,” said Marco Beenen, CEO of BW Offshore. “The seamless execution reflects the commitment of both teams to safeguard personnel, the environment, and asset integrity.”
BW Adolo remains deployed on the Dussafu Marin licence offshore Gabon, where it has produced safely since first oil in 2018. We extend our sincere thanks to all offshore and onshore personnel who have contributed to the safe and reliable operation of the unit over the past seven years, and we remain committed to supporting BW Energy Gabon during the transition period.