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
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ir.murphyoilcorp.com
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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
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MUR
News
- Murphy Oil Co. (NYSE: MUR) had its price target lowered by analysts at Morgan Stanley from $37.00 to $32.00. They now have an "underweight" rating on the stock.MarketBeat
- BW Offshore: Short-term extension for BW Pioneer [Yahoo! Finance]Yahoo! Finance
- Murphy Oil Co. (NYSE: MUR) had its price target lowered by analysts at Barclays PLC from $34.00 to $32.00. They now have an "equal weight" rating on the stock.MarketBeat
- Murphy Oil acquires FPSO from BW Offshore for $125m [Yahoo! Finance]Yahoo! Finance
- Murphy Oil Unit Acquires an FPSO for $125M in the Gulf of America [Yahoo! Finance]Yahoo! Finance
MUR
Earnings
- 1/30/25 - Miss
MUR
Sec Filings
- 3/28/25 - Form ARS
- 3/28/25 - Form DEFA14A
- 3/28/25 - Form DEF
- MUR's page on the SEC website