Sale of FPSO BW Pioneer with five-year O&M contract with the buyer BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for USD 125 million to a subsidiary of Murphy Oil Corporation ...

Murphy Oil’s subsidiary has entered a sale and purchase agreement to acquire the BW Pioneer floating production storage and ...

The FPSO will remain at the Cascade and Chinook fields, which Murphy operates, in the US Gulf’s Walker Ridge region. BW ...

Murphy Oil subsidiary signs purchase deal for FPSO vessel from BW Offshore. Acquisition expected to reduce operating costs ...

Oslo-listed BW Offshore has agreed the sale of one of its floating production storage and offloading (FPSO) vessels for $125m ...

Corporation announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer floating production ...

Murphy Oil acquires the BW Pioneer floating production storage and offloading vessel from BW Offshore for $125M.

MUR's unit acquires an FPSO in the Gulf of America, which will assist its future expansion of offshore production in the region.

Murphy Oil CEO Hambly said the FPSO’s location in the Wilcox trend allows for “operated and non-operated exploration prospects to tie back to a cost-advantaged facility.” ...

Meanwhile, contract negotiations for the BW Pioneer are progressing well however no guidance on EBITDA has been included beyond the firm contract. “We continue to maintain a strong balance sheet ...

Contract negotiations for BW Pioneer are progressing well, however no guidance on EBITDA has been included beyond firm contract. The Board of Directors has declared a quarterly cash dividend of USD ...