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Murphy Oil acquires FPSO from BW Offshore

Zacks Investment Research on … · 14h

Murphy Oil Unit Acquires an FPSO for $125M in the Gulf of America

Murphy Oil Corporation MUR recently announced that its unit has entered into a Purchase and Sale Agreement to acquire the BW Pioneer floating production storage and offloading vessel (“FPSO”) from BW Offshore.

GlobalData on MSN · 19h

Murphy Oil acquires FPSO from BW Offshore for $125m

Murphy Oil’s subsidiary has entered a sale and purchase agreement to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore for $125m (Nkr1.33bn), subject to customary closing adjustments.

Oilfield Technology · 20h

Murphy Oil Corporation announces strategic acquisition of FPSO vessel in Gulf of Mexico

Murphy Oil Corporation has announced that a subsidiary has signed a Purchase and Sale Agreement to acquire the BW Pioneer FPSO vessel from BW Offshore.

Seeking Alpha on MSN · 1d

Murphy Oil purchases FPSO vessel for work in U.S. Gulf for $125M

Murphy Oil (NYSE:MUR) said post-market Wednesday that it agreed to acquire the BW Pioneer floating production storage and offloading vessel from BW Offshore (OTCPK:BWOSF) (OTCPK:BWOFY) for $125M, including an initial $100M payment upon delivery by the end of Q1 2025.

Shell Boosts Deepwater Oil Production Offshore Malaysia

Shell has begun oil production at the fourth phase of its Gumusut-Kakap-Geronggong-Jagus East deepwater project offshore ...

9h

CERAWEEK Licenses for Petrobras, Ecopetrol offshore project to be ready by mid-2026, Colombia regulator says

Brazilian state-run oil company Petrobras and its Colombian counterpart Ecopetrol could have the licenses needed for moving ...

The Institute for Energy Research2d

BP Returns Its Focus to Oil and Gas Production

President Trump’s “drill, baby, drill” policies, Europe’s de-industrialization due to its “net-zero” climate policies, high ...

Upstream Online18h

Kazakhstan wrestles with gas processing plant key to boosting Caspian oil production

A project to process associated gas from the huge Kashagan offshore oilfield must come online before the end of 2026 despite ...

Shell Starts Oil Production at GKGJE Phase 4 Offshore Borneo

The consortium expects phase 4 to average 21,000 barrels of oil equivalent a day. The development consists of three oil ...

Offshore Technology on MSN18h

Cairn Oil & Gas partners with TechnipFMC for deep-water exploration in India

Cairn Oil & Gas, an India-based private oil and gas company and Vedanta Group entity, has formed a strategic alliance with ...

Upstream Online11d

Asian yard floats tender for multiple offshore facilities for giant gas project

The Daman upside development and DSF-II projects are crucial to ONGC’s plan to boost gas production from its west coast ...

GlobalData on MSN7d

UK to overhaul oil and gas windfall tax regime after 2030

UK Energy Minister Ed Miliband stated that oil and gas production would ... creating new jobs in the process. "UK to ...

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