BW Offshore ( (GB:0RKH) ) has shared an announcement.
BW Offshore has signed a short-term extension agreement for the FPSO BW Pioneer with a subsidiary of Murphy Oil Corporation, extending the current terms until March 25, 2025. This extension allows for the completion of administrative processes necessary for finalizing the sale, impacting the company’s operations and potentially its market positioning.
More about BW Offshore
BW Offshore engineers innovative floating production solutions and operates a fleet of three FPSOs. With a focus on tailored offshore energy solutions, the company leverages over four decades of experience in offshore operations and project execution to serve evolving global markets. BW Offshore employs around 1,100 people and is publicly listed on the Oslo Stock Exchange.
YTD Price Performance: 2.60%
Average Trading Volume: 2,188
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: NOK5.22B
For detailed information about 0RKH stock, go to TipRanks’ Stock Analysis page.