A Sinopec subsidiary has cancelled a contract for a BW Offshore floating production, storage and offloading unit.
Oslo-listed BW said the Chinese company's Addax Petroleum Exploration Nigeria sent a termination notice for the 50,00-barrels-of-oil-per-day Sendje Berge (built 1974).
Owner: BW Offshore
Type: FPSO
Built: 1974 at Chantiers de l'Atlantique, France
Converted: 2000 at Jurong Shipyard, Singapore
Capacity: 50,000 bopd
Flag: Bermuda
Classification Society: DNV GL
But the spinoff of Singapore's BW Group is not taking the development without a fight.