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 >>  5/10/2021 - Keppel Offshore & Marine awarded US$2.3b contract to build FPSO for Petrobras Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel...
Australia >>  5/5/2021 - South Australian-based Venice Energy has finalised selection of a preferred supplier of a Floating Storage and Regasification Unit (FSRU) for its Out...

Brazil >>  4/30/2021 - Petrobras informs that it started the bidding process for the acquisition of a new FPSO for the Buzios field, in the Santos Basin pre-salt. Named P-80...
Gabon >>  4/27/2021 - VAALCO Energy, Inc. has signed a non-binding letter of intent (“LOI”) with Omni Offshore Terminals Pte Ltd (“Omni”) to provide and operate a Floating ...

Denmark >>  4/26/2021 - As part of the ongoing arbitration commenced by GUNVOR in relation to the charter party of the FSRU barge, EXMAR received an interim award. The tribun...
India >>  4/23/2021 - BW Offshore has signed an agreement to dispose of the FPSO Berge Helene for environmentally safe demolition and recycling in compliance with the Hong ...




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