BW Offshore wins extension for Polvo FPSO

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FPSO operator BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of FPSO Polvo operating offshore Brazil. 

BW Offshore said last Friday that the firm period had been extended from the third quarter of 2019 to the third quarter 2020, with options until 3Q 2022.

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