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BW Offshore Extend FPSO Nigerian Contracts

Maritime Activity Reports, Inc.

April 8, 2013

BW Offshore has agreed an extension for their FPSO's 'Abo' and ''.

The extension for Abo is with Nigerian Agip Exploration Ltd of nine months. and for Sendje Berge with Addax Petroleum Exploration Ltd of three months.

These extensions have been agreed to secure operational continuity while joint work to detail longer term programs for investment and production are completed.

About BW Offshore:

BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore is the world's second largest contractor with a fleet of 14 FPSOs and 1 FSO represented in all major oil regions world-wide.

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