US independent Vaalco Energy has extended its charter of a BW Offshore-owned floating production, storage and offloading unit working on its Etame Marine block off Gabon.
Vaalco will hold on to the Petroleo Nautipa FPSO until the third quarter of 2021, a one-year extension on the current deal.
It also holds options to retain the floater until the third quarter of 2022.
