BW Offshore becomes operator in Brazil. Gets nod for Maromba buy

The Brazilian oil and gas regulator ANP has granted BW Offshore the oil and gas operator status in Brazil. ANP has also approved the transfer of Chevron and Petrobras’ participating interest in the Maromba field to BW Offshore.

BW Offshore announced its agreements with Chevron and Petrobras for the acquisition of Maromba field in March.

Following the ANP approval, Marco Beenen, CEO of BW Offshore, said on Saturday: “We are proud to announce that our subsidiary BW Energy has been approved by ANP as operator and has received the governmental go-ahead to acquire the Maromba license. This again proves the viability of the BWO business model for BW Energy and our continued success in developing proven reserves in the current oil price environment.”

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