OPERATIONS

BW Offshore encounters significant cost overruns as countdown to first gas approaches

Delays and rising costs spark budget re-evaluation for key Australian gas development

The BW Opal hull is one of the largest FPSO hulls ever built | Credits: BW Offshore.

BW Offshore, the builder and operator of the Barossa FPSO, is preparing for a significant budget increase of up to US$150 million as it gears up for the anticipated first gas production at the Santos-operated...

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