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Murphy Oil acquires FPSO from BW Offshore

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.

GlobalData on MSN · 1d

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.

Oilfield Technology · 1d

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.

Seeking Alpha on MSN · 1d

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.

MarineLink1d

Gall Thomson: 21 MBC Activations in 2024

Gall Thomson said there were 21 known activations of its Marine Breakaway Couplings during 2024. The activations occurred in ...

MercoPress25d

Brazil: Offshore oil platform begins pre-salt operations

“The start-up of the FPSO Almirante Tamandaré is another important step towards strengthening energy production in Brazil. This platform has state-of-the-art technology to produce more with ...

Stabroek News13d

Venezuelan coast guard vessel enters Guyana waters, approaches FPSO

Storage and Offloading (FPSO) oil platform and advised it that it was operating in what it termed as disputed international waters. President Irfaan Ali made the announcement this morning in a ...

Guyana Chronicle8d

PM Gonsalves says Venezuelan vessel interacted with FPSOs ‘undoubtedly’ under Guyana’s jurisdiction

PRIME Minister of the St. Vincent and the Grenadines, Ralph Gonsalves has addressed the Venezuelan naval incursion into Guyana’s maritime territory, noting ...

TradeWinds1d

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 ...

INews Guyana12d

CARICOM tells Venezuela to urgently remove vessel from Guyana’s water, refrain from engaging FPSOs

See below statement from the Caribbean Community (CARICOM) on the Incursion by Venezuela into Guyana’s Territorial Waters: ...

Stabroek News10d

Guyana says concerned at persistence of Venezuela in encroaching on land, maritime territory

Storage and Offloading (FPSO) platform PROSPERITY, which was operating lawfully under a licence issued by the Government of Guyana. The ministry said that the Venezuelan naval vessel communicated ...

Upstream Online3d

'Substantial discovery': Nigeria exploration well hits 1000 feet of oil and gas-bearing sands

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