Statoil to acquire Peregrino FPSO

Under new ownership: the Peregrino FPSO

OYVIND HAGEN/STATOIL

Steve Marshall

 12 June 2012 14:31 GMT

Floater contractor BW Offshore has secured a contract for operation of the Peregrino FPSO off Brazil with Statoil, which is to take over ownership of the vessel together with partner Sinochem.

BW Offshore has won a five-year contract  to run the floating production, storage and offloading vessel on the Statoil-operated Peregrino oilfield, with options for an additional 15 years. No contract value was disclosed.

The contractor will take over operation of the unit from the current owner and operator Maersk of Denmark following a six-month period for transfer of the floater to Statoil. Maersk employees working on the vessel will be retained on new contracts with BW Offshore.

The Norwegian state oil company and Sinochem are set to gain ownership of the FPSO on…

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