VAALCO retains Etame FPSO offshore Gabon

Aug. 19, 2019

Offshore staff

OSLO, Norway – BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Petróleo Nautipa.

The FPSO operates on the Etame field offshore Gabon for VAALCO Energy.

The firm period has been extended from 3Q 2020 to 3Q 2021, with options until 3Q 2022.

The spread-moored FPSO Petróleo Nautipa has an oil production capacity of 25,000 b/d, gas compression capacity of 3 MMscf/d, and storage capacity of 1,080,000 bbl.