Europétrole, le portail de l'industrie du pétrole
 accueil | actualité française | actualité internationale | recherche | interviews | focus | actualité par entreprise | actualité pétrole/gaz de schiste 
Partager :

  • BW Offshore: Agreement for acquisition of stake in Dussafu field from Panoro Energy
    édité le 22/02/2017 - Plus de news de "BW Offshore" - Voir la fiche entreprise de "BW Offshore"

BW Offshore: Agreement for acquisition of stake in Dussafu field from Panoro Energy
Pursuant to the memorandum of understanding entered into with Pan-Petroleum Gabon B.V. ("PPGBV"), a fully owned subsidiary of Panoro Energy ASA, BW Energy Gabon Pte. Ltd ("BWEG"), a subsidiary of BW Offshore, has entered into a definitive Sale and Purchase Agreement (the "SPA") with PPGBV to acquire a further 25% working interest in the Dussafu production sharing contract in Gabon.

Upon completion of the SPA, BWEG will pay PPGBV a total cash consideration of USD 12 million and provide a sellers' credit of up to USD 12.5 million in order to fund capital expenditures of PPGBV's retained interest in the Dussafu block through to first oil production. The total gross capital expenditure to reach first oil in 2018 is estimated to be USD 150 million.

Closing of the transaction with PPGBV is subject to fulfilment or waiver of conditions precedents, including among others, closing of the transaction with Harvest Energia B.V. and approval from the government of Gabon. It is estimated that closing will take place in Q1 2017.

BWEG will, pursuant to closing of the transactions with PPGBV and Harvest Energia B.V., hold a 91.667% working interest in the Dussafu production sharing contract, subject to discussions with the Gabon Oil Company (GOC) for their potential participation. Panoro Energy will hold the remaining 8.33% working interest in the Dussafu license.

BWEG is owned by BW Energy Holdings Pte. Ltd. (BWEH), a joint venture company between BW Offshore (66.67%) and Maple Company Limited (33.33%), a wholly owned subsidiary of BW Group Limited, for the purpose of pursuing oil and gas interests.

About BW Offshore

BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore has a fleet of 14 owned FPSOs and one FSO represented in all major oil & gas regions world-wide. BW Offshore has a long track record on project execution and operations. In more than 30 years of production, BW Offshore has executed 38 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange.

About Panoro Energy

Panoro Energy ASA is an independent E&P company based in London and listed on the Oslo Stock Exchange with ticker PEN. The Company holds high quality production, exploration and development assets in West Africa, namely the Dussafu License offshore southern Gabon and OML 113 offshore western Nigeria. In addition to discovered hydrocarbon resources and reserves, both assets also hold significant exploration potential.

Origine : Communiqué BW Offshore

Voir la fiche entreprise de "BW Offshore"

Les dernières news de "BW Offshore"

Rechercher une news

française internationale

Les dernières news internationales

>> Toute l'actualité internationale     >> RSS
Recherche de news par tags

abu-dhabi acquisition adnoc aker-bp aker-solutions algeria algerie algerie alstom amec anadarko angola apache australia axens azerbaijan baker-hughes barents-sea bechtel bg-group bp brazil canada carburant cbi cgg chevron china chiyoda cnooc cnpc co2 commission-europeenne compressor conocophillips consommation cpdp deepwater discovery drilling e-on edf egypt emerson engineering eni equinor exxonmobil feed flng flowline fluor fluxys fmc foster-wheeler fpso fsru fugro gabon gas gaz gazprom gazprom-neft gdf-suez ge ghana gnl gtt gulf-of-mexico hess india indonesia inpex iraq jacobs jgc kbr keppel licence lng lukoil lundin maersk-drilling malaysia mcdermott methanier mexico mozambique natural-gas nigeria nigeria nord-stream north-sea norway novatek offshore oman omv opec pdvsa pemex petrobras petrofac petronas pgnig pipeline platform qatar qatar-petroleum qatargas raffinerie refinery repsol rig riser rosneft russia rwe saipem santos saudi-aramco schlumberger seadrill senegal shale-gas shell socar sonatrach south-stream statoil subsea subsea-7 survey tap technip technipfmc texas total transocean tullow turbine ufip uk us vallourec vopak well wintershall wood-group woodside

Europétrole © 2003 - 2021