OGPar confirmed in a market filing in Rio de Janeiro that the shipbuilder had agreed to reduce the dayrate on the floating production, storage and offloading vessel to $250,000.

Bonds that were sold by OSX to fund the construction of OSX 3 could be purchased by OGPar under certain, undisclosed circumstances, the filing added, according to Reuters reports.

The Brazilian producer, which is under bankruptcy protection, had once paid $439,000 for the FPSO in its earlier guise as OGX, the upstream arm of tycoon Eike Batista’s EBX conglomerate in which OSX was the shipbuilding business.

Following