BW Offshore to buy the remaining stake in Maromba field from Chevron

Oslo-listed FPSO operator BW Offshore has entered into an agreement to acquire the remaining 30% of the Maromba field offshore Brazil for a total acquisition cost of $25 million from Chevron.

To remind, BW Offshore revealed its plan to acquire 100% of the Maromba field from Petrobras (70%) and Chevron (30%) in early March.

Days later, BW entered into an agreement with Petrobras to acquire 70% of the Maromba field for a total acquisition cost of $90 million.

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