Oil company Petrorio has stretched the deal for the FPSO Polvo for one more year.

Under the renewed contract, BWO’s unit will work with the company until the third quarter of 2016.

Options run until the third quarter of 2022.

The extension for Polvo came only one day after BWO agreed with Ithaca Energy to amend the terms of the contract for another FPSO working in the UK’s Athena oil field.

BWO