BW Offshore has said today that Petrorio has extended the contract for FPSO Polvo, operating offshore Brazil, for a further two years.
The FPSO is located in the Polvo field, and the contract extension will see it continue operations there until the third quarter of 2018.
BW said that there is further options available through to the third quarter of 2022.
The Polvo field located in the Campos basin, around 100km off the coast of Rio de Janeiro