Oslo-listed oil and gas E&P player BW Energy has taken over from Norway’s BW Offshore the operations and maintenance (O&M) of a floating production, storage, and offloading (FPSO) unit working off the coast of Gabon.
BW Offshore’s handover, effective May 20, 2025, enabled BW Energy’s subsidiary, BW Energy Gabon, to take charge of the FPSO BW Adolo ’s O&M. However, BW Offshore’s subsidiary retains ownership of the unit under an amended bareboat charter; thus, it will continue to lease the FPSO to BW Energy Gabon on the same terms as previously agreed without the O&M services.
