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BW Offshore Acquires FPSO Nganhurra

ReutersMay 28, 2025 10:05 AM

May 28 (Reuters) - BW Offshore Ltd BWO.OL:

ACQUIRES FPSO NGANHURRA TO LEVERAGE REDEPLOYMENT OPPORTUNITIES
TRANSACTION INCLUDES A LIMITED UPFRONT PAYMENT, WITH ADDITIONAL CONSIDERATION CONTINGENT UPON SUCCESSFUL REDEPLOYMENT OF UNIT BEFORE JUNE 2027.
UNIT WILL HAVE MINIMAL LAY-UP COSTS AND PRESENTS LIMITED DOWNSIDE RISK FROM RECYCLING

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