Wednesday, May 7, 2025
Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million- oil and gas 360

Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

(World Oil) – Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore. The gross purchase price is $125 million, subject to customary closing adjustments, and includes an initial approximate $100 million payment upon delivery by the end of first