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Stock impact report

BW Offshore: Closing of the sale of the FPSO BW Pioneer [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
Offshore”) announced its agreement to sell the FPSO BW Pioneer for USD 125 million to a subsidiary of Murphy Oil Corporation (NYSE: MUR). Following the close of the transaction, BW Offshore has received the initial payment of USD 100 million. The remaining balance is expected before end of Q2 2025 when certain contractual obligations are met. The two parties have also signed a five-year reimbursable O&M contract, under which BW Offshore will continue to provide operations and maintenance services. For further information, please contact: Ståle Andreassen, CFO, +47 91 71 86 55 IR@bwoffshore.com or www.bwoffshore.com About BW Offshore: BW Offshore engineers innovative floating production solutions. The Company has a fleet of 2 Read more
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