Stay updated with breaking news from Haluan Pasifik. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
BW Offshore has signed an agreement for the sale of the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan Pasifik, both of which are Indonesian companies, in consortium with PT Buana Lintas Lautan Tbk, a company publicly listed in Indonesia. The consortium will continue to operate the FPSO under the ...
BW Offshore is selling one of its FPSO vessels in line with its strategy to transition to floating energy infrastructure investments.
BW Offshore has signed an agreement for the sale of the FPSO BW Joko Tole, which is currently operating on the TSB field offshore Indonesia. The sale will free up over USD 50 million of liquidity, comprising of net sale proceeds of USD 42.5 million and the release of USD 9 million of working capital upon closing.
Agreement to divest the FPSO BW Joko Tole
Oslo-listed FPSO owner BW Offshore has agreed to sell the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan Pasifik…