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