
BW Offshore has entered into an agreement with Petrobras for a one-year extension for the lease and operation of FPSO BW Cidade de São Vicente .
The FPSO has been working with Petrobras since 2009, and the latest contract will extend the firm working period to the second quarter of 2020.
Last month, BW Offshore sealed a deal with Petrobras to acquire a 70% stake in the Maromba field, offshore Brazil, for $90m.