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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 · 1d

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 · 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.

Upstream Online1d

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 ...

Yahoo Finance23d

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 ...

Nasdaq2d

PBR's Mero Field Gears Up for Fifth FPSO, Production Set to Increase

The FPSO is heading toward the Mero field in the ... and the commodity is expected to play a crucial role in the energy transition process. The company’s focus on expanding its liquefaction ...

Upstream Online7d

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 ...

Hydrocarbon Processing14d

MODEC enters into carbon capture FEED contract with SAMSUNG E&A for FPSO vessel

MODEC has entered into a front-end engineering and design (FEED) contract with SAMSUNG E&A for an offshore carbon capture pilot project, selecting Carbon Clean’s modular CycloneCC technology.

Process and Control Today9d

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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