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[Singapore] FPSO BW Opportunity, formerly FPSO Cidade de Sāo Mateus (Divested)

Posted: Sun Aug 30, 2020 2:52 am
by escveritas
FPSO CIDADE DE SAO MATEUS

Petrobras regretfully announced that an explosion took place aboard FPSO Cidade de São Mateus, February 11th 2015, at approximately 12:50 pm. The FPSO was operated by BW Offshore and was chartered by Petrobras.

The unit had been operating since June 2009 in the post-salt of the Camarupim and Camarupim Norte fields, some 120 km off the Espírito Santo state coast.

Out of 74 workers onboard, nine people died. In addition, several others were injured.

Petrobras’ report on the incident was released in July 2015 and aimed at documenting the analysis of the occurrence, in order to further improve the industry’s safety standards and prevent similar accidents in future.

The main causal factors identified were breaches of fluid pumping operating procedures, the installation of a piece of equipment (racket) in a pipe without the proper technical specifications and alteration registration, and safety procedure violations.
Petrobras has submitted the report to the public authorities, including the National Oil, Natural Gas and Biofuels Agency (ANP), the Federal Police and the Civil Police, with whom Petrobras has been collaborating since the start of the investigations.
The report’s conclusions are also being shared with Petrobras’ exploration and production workforce, the BW Offshore group—which was responsible for operating the Cidade de São Mateus—and the oil industry as a whole.

Re: FPSO BW Opportunity (formerly FPSO Cidade De Sāo Mateus)

Posted: Thu May 12, 2022 8:15 am
by escveritas
30.03.2020

BW OFFSHORE: UPDATE ON THE FPSO CIDADE DE SĀO MATEUS CONTRACTS

BW Offshore (BWO) informs that the Charter Agreement and the Services Agreement (Contracts) for the FPSO Cidade de Sāo Mateus, which was operating on the Camarupim field offshore Brazil from 2009 until 2015, reached their final terms on 29 March 2020.

The FPSO is currently in lay up in Singapore.

Re: [Singapore] - FPSO BW Opportunity (formerly FPSO Cidade De Sāo Mateus) (Lay Up)

Posted: Fri Mar 10, 2023 11:24 am
by escveritas
Agreement for the sale of BW Opportunity

10 March 2023

Agreement for the sale of BW Opportunity

BW Offshore has signed an agreement for the sale of the FPSO BW Opportunity to an undisclosed third party for a total consideration of USD 125 million. The sale is subject to conditions precedent and is expected to be completed by the end of the first quarter of 2023.

In parallel, BW Offshore is exploring the commercial principles for the provision of EPCC (Engineering, Procurement, Construction and Commissioning) and O&M (Operations and Maintenance) services for a five-year transitional period with the buyer.

Re: [Singapore] FPSO BW Opportunity, formerly FPSO Cidade de Sāo Mateus (Divested)

Posted: Mon Mar 20, 2023 12:36 pm
by escveritas
Closing of the sale of BW Opportunity
15 March 2023

Closing of the sale of BW Opportunity

With reference to the stock exchange release dated 10 March 2023.

BW Offshore has today closed the transaction for the sale of the FPSO BW Opportunity for USD 125 million to an undisclosed third party.