Norwegian FPSO operator BW Offshore has reached an arbitration settlement with Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, concerning a floating production, storage, and offloading (FPSO) vessel.

FPSO Brazil Norwegian Polvo Produ Petr China Prio Comercializadora Petro Rio International Court of Arbitration Prosafe Production Petro Rio Explora Campos Basin Cabo Frio Energy Maromba