What does BW Offshore stand for?

BW Offshore originates from the shipping company Bergesen d.y. ASA who delivered its first FSO Berge Sisar in 1982 which it installed and operated at the Block O field offshore Angola. In 2006 the company was rebranded BW Offshore and listed on the Oslo Stock Exchange.

What is Barossa FPSO?

The Barossa FPSO represents a new type of infrastructure-like contract for BW Offshore with attractive long-term returns, supported by strong partnerships with equity co-investors and banks. Marco Beenen, CEO of BW Offshore. The Barossa gas field is located 300 kilometres offshore Darwin in northern Australia.

What does BW Group do?

BW Group is a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies.

How is BW Maritime?

BW Group is a maritime company involved in shipping, floating gas infrastructure and deep-water oil & gas production. With its LNG and LPG fleets combined, BW Group owns and operates the world’s largest gas shipping fleet of more than 115 gas vessels, including four FSRUs (floating storage and regasification units).

What is FSO in oil and gas industry?

An FSO is a simplified version of an FPSO. It has the capability to store and offload oil and gas but it doesn’t possess the ability to process it.

Is BW Group a good company?

Great working environment It is a pleasant and collaborative work environment. The senior management and colleagues are not hesitant to show appreciation for the work done for them. It is too fast pace and change is the only constant thing here.

How many ships does BW have?

BW Group is a maritime company involved in shipping, floating gas infrastructure and deep-water oil & gas production. The company has over 350 vessels managed by an international team of over 7000 staff worldwide.

What is FPSO in offshore industry?

A floating production, storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the processing of hydrocarbons and for the storage of oil or natural gas.

Why choose BW Offshore?

BW Offshore has completed 40 FPSO and FSO conversions and operated most of the units after completion, developing a unique conversion and operating competence and a very robust foundation for future projects. Our business is only as good as our people.

Why invest in the Barossa FPSO?

The Barossa FPSO represents a new type of infrastructure-like contract for BW Offshore with attractive long-term returns, supported by strong partnerships with equity co-investors and banks. The Barossa gas field is located 300 kilometres offshore Darwin in northern Australia.

What is bwbw doing in the Barossa gas field?

BW Offshore has signed a contract with Santos Ltd. for the supply of a FPSO for the Barossa gas field, with initial production expected to commence during the first half of 2025.

Why are FPSOs being redeployed?

The use of existing FPSOs to trigger offshore developments has been an instrumental part of BW Offshore’s strategy, as FPSO redeployments require less time and capital than traditional tanker conversions or newbuilds.