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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.

Benzinga · 10h

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.

Offshore Technology on MSN · 12h

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 · 15h

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.

Upstream Online13h

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 ...

20d

Petrobras considers cancelling FPSO tender after high bid, sources say

Brazil's state-run oil firm Petrobras is considering cancelling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, two sources with knowledge ...

MarineLink14d

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

MODEC has entered into a Front End Engineering and Design (FEED) contract with Samsung E&A for the installation of carbon ...

Upstream Online6d

Petrobras FPSO tenders may attract at least eight bidders

Brazilian oil giant plans to contract floaters for the Marlim Sul-Marlim Leste and Sergipe-Alagoas developments ...

Yahoo Finance22d

Petrobras' Largest FPSO Begins Oil Production at Buzios Field

The high-capacity FPSO has the potential to produce up to 225,000 barrels of oil per day (bpd) and process 12 million cubic meters of gas daily. The Búzios oil field, a large ultra-deepwater oil ...

Process and Control Today8d

EnerMech awarded pre-commissioning contract for ONE GUYANA FPSO by SBM Offshore

EnerMech has been selected to carry out pre-commissioning work on the ONE GUYANA FPSO for Guyana Deepwater Operations, SBM ...

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