First quarter results 2025 HIGHLIGHTS Q1 EBITDA USD of 91 million and operating cashflow of USD 57 million Sale of BW Pioneer for USD 125 million Received USD 36 million arbitration settlement in ...

First quarter results 2025 HIGHLIGHTS Q1 EBITDA USD of 91 million and operating cashflow of USD 57 millionSale of BW Pioneer for USD 125 millionReceived USD 36 million arbitration settlement in ...

In late March, the Company completed the sale of FPSO BW Pioneer to Murphy Oil for USD 125 million and received an initial USD 100 million of the proceeds. The remaining USD 25 million was received in ...

The purpose-built FPSO was constructed in 2006 and has a production capacity of 100,000 barrels per day and a storage capacity of 900,000 barrels. It operated offshore Western Australia until 2018 ...

The BW Pioneer has been in service since its conversion in 2009 at Keppel Shipyard. The vessel has a storage capacity of about 600,000 b/d of oil and processing capacity of about 80,000 b/d.

Closing of the sale of the FPSO BW Pioneer Reference is made to the announcement dated 12 March 2025, in which BW Offshore Limited ("BW Offshore") announced its agreement to sell the FPSO BW Pioneer ...

BW Offshore has closed the sale of the floating production, storage, and offloading (FPSO) BW Pioneer to a subsidiary of Murphy Oil Corporation for $125 million. Following the close of the transaction ...

BW Pioneer, the first FPSO approved in the Gulf of Mexico, has been in service since 2009. It has a storage capacity of about 600,000 barrels of oil and a processing capacity of 80,000 barrels per ...

As the first FPSO approved for operations in the US Gulf, BW Pioneer has been in service since its conversion in 2009. The vessel has a storage capacity of approximately 600,000 barrels of oil and ...

Murphy Oil Corp. (MUR) is buying an FPSO from BW Offshore (BWO) for $125 million, the independent offshore E&P said March 12. The BW Pioneer FPSO will remain in the Gulf of Mexico, called the Gulf of ...

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. The gross purchase price is US$125 million, ...

Murphy Oil to acquire BW Pioneer FPSO from BW Offshore for $125M Deal expected to cut operating costs by $60M annually with a two-year payback. Get ahead of Wall Street reactions—Benzinga Pro ...