Nordic Business Report-June 27, 2006-Bergesen Worldwide Offshore Ltd in talks regarding new FPSO contract offshore Nigeria
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The Norwegian floating production, storage and offloading (FPSO) vessels operator Bergesen Worldwide Offshore Ltd said on Tuesday (27 June) that it is talks regarding a FPSO contract from Peak Petroleum Industries Nigeria Ltd and Equator Exploration Ltd.
The proposed contract covers the use of the FPSO BW Endeavour on the Bilabri Field offshore Nigeria for five plus five years.
The value of the contract is estimated to be USD240m over 10 years.
One US dollar (USD) is worth approximately 0.56 British pounds (GBP).
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