Oslo-listed BW Offshore has signed an interim extension agreement for an FPSO in Nigeria.

The deal for the Abo unit has been stretched over the short-term until 20 January, it said.

Agip Exploration wants to secure "operational continuity while joint work is continuing to conclude the negotiations," the owner added.

BW Offshore posted a loss of $11.2m from July to September, compared to $4.4m