BW Offshore to Supply FPSO for the Barossa Gas Field

Source: www.gulfoilandgas.com 3/30/2021, Location: Not categorized

With reference to the stock exchange release dated 23 March 2021.

BW Offshore has announced that Santos and its partners have made Final Investment Decision (FID) for development of the Barossa gas field 300 kms offshore Darwin in Australia. The FID confirms BW Offshore's contract for the supply of the FPSO to the Barossa gas field is effective as of 30 March 2021.

The Lease and Operate contract has a firm period of 15 years, with 10 years of options. The firm period contract value is USD 4.6 billion. BW Offshore will be responsible for engineering, procurement, construction, installation, and operation of the FPSO. The FPSO will be turret moored with a new built hull based on BW Offshore's RapidFramework® design. Initial gas production from the FPSO is expected during the first half of 2025.


Brazil >>  7/27/2021 - SBM Offshore is pleased to announce it has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 26.25 years lease and operation of FPSO ...
Japan >>  7/15/2021 - MODEC, Inc. reached an agreement with Toyo Engineering Corporation (“TOYO”, President & CEO: Haruo Nagamatsu) to execute a Memorandum of Understanding...

Philippines >>  7/15/2021 - Svitzer has signed a 10-year Time Charter Party with FGEN LNG Corporation (FGEN LNG), a wholly-owned subsidiary of First Gen Corporation (First Gen) f...
China >>  7/12/2021 - The third H1498 ship of the Fast4Ward® offshore floating production and storage vessel (FPSO) series built by Shanghai Waigaoqiao Shipbuilding Co., Lt...

Australia >>  7/8/2021 - Transborders Energy Pty Ltd (“Transborders Energy”) is pleased to announce that its Floating Liquefied Natural Gas (FLNG) Solutions development has se...
Norway >>  7/8/2021 - The Petroleum Safety Authority Norway (PSA) has carried out an audit of Var Energi and their organisation and implementation of project management for...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.