Sendje Berge Termination (Scandinavian Oil-Gas Magazine)

Sendje Berge Termination

Published May 8, 2017

Sendje Berge Limited, a subsidiary of BW Offshore Limited (BWO), has received termination notice for the FPSO Sendje Berge operating under a contract with Addax Petroleum Exploration Nigeria Limited (Addax) on the Okwori field offshore Nigeria.

The termination will have effect from 6 November 2017 and Addax has requested BWO to provide a demobilisation plan for the FPSO.

BWO will continue the process with the enforcement of the arbitration award for all outstanding claims against Addax. The outstanding gross claim at the end of the first quarter 2017 was USD 61.8 million.

Tags: Addax Petroleum Exploration Nigeria Limited, BW Offshore Limited, Sendje Berge Limited

Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font

Top Stories

New Chief Executive Officer of Aker Energy Feb 23, 2018 Jan Arve Haugan has been appointed as Chief Executive Officer of the newly established oil company Aker Energy, effective 1 March 2018. Haugan is currently the President & CEO of Kværner ASA.

Rystad Energy - Borr Drilling takes charge of the jackup market

Borr Drilling Goes From Empty-Handed to the Largest Jack-Up Driller In Just 16 Months Feb 23, 2018 “It is remarkable what Tor Olav Troim has achieved in such a short amount of time. Going from two jack-ups in December 2016 to becoming the largest jack-up provider...” says Oddmund Føre, vice president of oilfield service research at Rystad Energy.

Borr Drilling Takes Over Paragon Offshore to Expand MODU Fleet Feb 23, 2018 Borr Drilling’s acquistion of Paragon Offshore will create a USD 3.57 billion MODU fleet.

Southwest Research Institute (SwRI) - IMSF2

SwRI to Host Inaugural International Multiphase Flow Separation Symposium Feb 23, 2018 Southwest Research Institute is bringing together oil and gas industry experts for the International Multiphase Flow Separation Symposium (IMFS²), to be held April 25-26, 2018, at SwRI’s headquarters...

[ In Company News ]

Energy Demand Grows as Fuel Mix Continues to Diversify

Unique Group Launches Unique Equipment Manager

Archer to Provide Casing Accessories and Cementing Equipment in Asia Pacific

Wärtsilä and Maersk Drilling Create a Joint 25-Year Strategy for Thruster Services

Research Becomes Useful Technology for Society Through Strategic Partnership