Oslo-listed BW Offshore has signed an interim extension agreement for an FPSO in Nigeria.
The deal for the Abo unit has been stretched over the short-term until 20 January, it said.
Agip Exploration wants to secure "operational continuity while joint work is continuing to conclude the negotiations," the owner added.
BW Offshore posted a loss of $11.2m from July to September, compared to $4.4m in the corresponding quarter of 2015.
Its operating revenue stood at $159.6m, a decline of 7% while EBITDA was down to $76.9m from $84.6m.
