Murphy Oil Unit Acquires an FPSO for $125M

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 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 and increase reserves.
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 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 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 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
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