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0.000771456123432963 0.00270009643201544 0.00443587270973971 0.00443587270973971 0.00443587270973971 0.00443587270973971 0.00443587270973971 0.00443587270973971
Stock impact report

Murphy Oil acquires FPSO from BW Offshore for $125m [Yahoo! Finance]

Murphy Oil Corporation (MUR) 
Last murphy oil corporation earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.murphyoilcorp.com
Company Research Source: Yahoo! Finance
Under the agreement, an initial payment of approximately $100m will be made upon delivery by the end of the first quarter of 2025 (Q1 2025). The remaining balance is due upon the fulfilment of certain contractual obligations, expected by the end of Q2 2025. The two companies intend to finalise a five-year reimbursable operations and maintenance (O&M) contract before 18 March, under which BW Offshore will continue delivering O&M services for five years. Murphy Oil president and chief executive officer Eric M. Hambly said: “I am pleased to announce this value-creating transaction with BW Offshore, and I look forward to continuing our partnership. By acquiring the FPSO and restructuring our contract, we will achieve a material reduction in Read more
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