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BW Offshore Ltd

Company Summary

Recent news

  • 7/1/2019 - BW Offshore Reports... (subscriber access)
  • 3/11/2019 - BW Offshore Acquires 70%... (subscriber access)

Company Transactions

Date: 3/11/2019
Type: Acquisition

BUYERS:
  • BW Offshore Ltd
  • SELLERS:
  • Petrobras
  • DETAILS:

    COST: 90 $MM

    VOLUMES: 125 MM Bbls

    NOTES:
    BW Offshore acquired 70% of the Maromba field offshore Brazil for $90 million from Petrobras. Internal estimates reveal potential recoverable resources of 100 - 150 MMbbls of low-sulfur 16 API oil in Maastrichtian sandstone reservoir.
    REGIONS:
  • South America