RHB: MISC Poised for FPSO Growth, 'Buy' at RM9.70

RHB: MISC poised for FPSO growth, 'Buy' at RM9.70

KUALA LUMPUR: MISC Bhd’s outlook remains positive, underpinned by its stable operating cash flows and robust balance sheet that position the group well to capitalise on growth opportunities in the floating production storage and offloading (FPSO) market, said RHB Research. © New Straits Times Press (M) Bhd

BW Offshore swoops on laid-up FPSO

AsiaOffshore Yinson Yinson Floater specialist BW Offshore has sealed a deal to buy an idle FPSO, calling the acquisition a strategic move to secure a high-quality production asset amid a tightening market with few comparable opportunities available. The Oslo-listed company is adding the 2006-built Nganhurra for an undisclosed sum in a transaction that involves a modest initial payment, with further compensation contingent upon th…

BW Opal FPSO Vessel set for Work off Australia

Seatrium delivered the Floating Production Storage and Offloading vessel (FPSO), BW Opal, to BW Offshore."We would like to express our appreciation to BW Offshore for entrusting Seatrium with their projects over the years," said Marlin Khiew, EVP, Energy (Americas), Seatrium.