Murphy Oil acquires FPSO from BW Offshore

BW Offshore banking $125m from sale of veteran FPSO
Oslo-listed BW Offshore has agreed the sale of one of its floating production storage and offloading (FPSO) vessels for $125m. The buyer of the 96,800-dwt BW Pioneer (built 1992) is a subsidiary of Murphy Oil, the operator of the Cascade & Chinook field in the US Gulf.
Murphy Oil acquires FPSO from BW Offshore for $125m
Murphy Oil’s subsidiary has entered a sale and purchase agreement to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore for $125m (Nkr1.33bn), subject to customary closing adjustments.
BW Offshore sells FPSO BW Pioneer to Murphy Oil subsidiary for USD 125 mln
BW Offshore sells FPSO BW Pioneer to Murphy Oil subsidiary for USD 125 mln. Find the latest news from the maritime industry on the PortNews website.
Murphy Oil signs Purchase and Sale pact for BW Pioneer vessel
Corporation announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production
Murphy Oil Unit Acquires an FPSO for $125M in the Gulf of America
Murphy Oil Corporation MUR recently announced that its unit has entered into a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and offloading vessel (“FPSO”) from BW Offshore.
Murphy Oil Corporation announces strategic acquisition of FPSO vessel in Gulf of Mexico
Murphy Oil Corporation has announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer FPSO vessel from BW Offshore.
Murphy Oil purchases FPSO vessel for work in U.S. Gulf for $125M
Murphy Oil (NYSE:MUR) said post-market Wednesday that it agreed to acquire the BW Pioneer floating production storage and offloading vessel from BW Offshore (OTCPK:BWOSF) (OTCPK:BWOFY) for $125M, including an initial $100M payment upon delivery by the end of Q1 2025.
Murphy Oil Expands Operations with $125M Vessel Purchase: Details
Murphy Oil subsidiary signs purchase deal for FPSO vessel from BW Offshore. Acquisition expected to reduce operating costs ...
Upstream Online17h
Houston operator to pay $125 million for FPSO working in US Gulf
The FPSO will remain at the Cascade and Chinook fields, which Murphy operates, in the US Gulf’s Walker Ridge region. BW ...
Taiwan News1d
BW Offshore: Sale of FPSO BW Pioneer with five-year O&M contract with the buyer
Sale of FPSO BW Pioneer with five-year O&M contract with the buyer. BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for USD 125 million to a subsidiary of ...
Business Wire1d
Murphy Oil Corporation Announces Strategic Acquisition of Floating Production Storage and Offloading Vessel in Gulf of America
Murphy Oil Corporation (NYSE: MUR) today announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the ...
Offshore Engineer1d
Five-Year Contract Win for FPSO BW Pioneer
BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for $125 million to a subsidiary of Murphy Oil ...
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Santos’ new floating offshore vessel set for relocation in June
Santos’ floating production, storage and offloading vessel, a final piece in the Barossa gas project, has been officially ...
BW Offshore ADR goes ex dividend Monday
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