Cascade and Chinook FPSO secures long-term extension
March 18, 2020
BW Offshore has signed a five-year contract with MP Gulf of Mexico LLC for the lease and operation of the FPSO BW Pioneer on the Cascade and Chinook fields.
(Courtesy BW Offshore)
The BW Pioneer is the first FPSO in the Gulf of Mexico.
Offshore staff
OSLO, Norway – BW Offshore has signed a five-year contract with MP Gulf of Mexico LLC (MP GOM) for the lease and operation of the FPSO BW Pioneer on the Cascade and Chinook fields.
The contract includes a five-year option to extend. The firm period starts in direct continuation of the current contract and lasts until March 2025.
MP GOM is a partnership between Murphy Exploration & Production Co. – USA (Murphy EXPRO) and Petrobras America Inc. With 80% ownership in MP GOM, Murphy EXPRO is the designated operator of the assets, which include the Cascade and Chinook fields.