BW Offshore (BWO) has stretched a Nigerian FPSO charter for another four years.

The Oslo-listed owner said there are also two one-year options attached to the new deal for the 50,000-bpd Sendje Berge (built 1974).

The unit will stay with Addax Petroleum Exploration on the Okwori field.

BWO has revised the terms, starting on 6 November, to include a new day rate partially linked to oil production volumes and oil price.