BW Offshore books $66m charge on uncertain future for five FPSOs

Impairment relates to three vessels operating in Africa and two units in cold lay-up

Out of work: BW Offshore's FPSO Umuroa which, when owned by Prosafe operated offshore New Zealand - is in cold lay up in Indonesia
Out of work: BW Offshore's FPSO Umuroa which, when owned by Prosafe operated offshore New Zealand - is in cold lay up in IndonesiaPhoto: AWE
Published 17 February 2022, 17:21Updated 17 February 2022, 17:21