BW Energy board rejects offer as unfair, but notes pressure
“At the same time [it is] hoping that shareholders with a long-term perspective will continue to support the company through joint ownership in the future”.
BW Group
Philippines set for first LNG imports as First Gen and Tokyo Gas seek cargoes
Local utility First Gen Corporation is on track to start importing the Philippines’ first-ever cargoes of liquefied natural gas (LNG) later this year as its receiving terminal nears completion.
Former Aberdeen oil and gas executive appointed head of finance for Australian firm Oilex
A former Aberdeen oil and gas executive has been appointed head of finance for Australian firm Oilex.
BW scales back IPO plans on coronavirus chill
Plans for an IPO for marginal field-developer BW Energy have been pushed back – and pricing scaled back – in light of financial volatility, blamed on the coronavirus in China.
BW Offshore sells supertanker for £56.6million
Floating production, storage and offloading (FPSO) vessel services firm BW Offshore has today announced the sale of the supertanker BW Opal for £56.6million to BW Group. The deal value is based on independent reports and a technical inspection of the vessel, which is classes as a VLCC (very large crude carrier).