Oslo listed BW Offshore (BWO) has received termination notice for the FPSO Sendje Berge.
It had been operating under a contract with Addax Petroleum Exploration Nigeria Limited (Addax) on the Okwori field offshore Nigeria.
The termination will have effect from 6 November 2017 and Addax has requested BWO to provide a demobilisation plan for the FPSO.
BWO said it will continue the process with the enforcement of the arbitration award for all outstanding claims against Addax.
The outstanding gross claim at the end of the first quarter 2017 was $61.8 million.