Brief: BW Energy Says Co Entered Into An Agreement For An Up To $80 Mln Prepayment Facility With A Commodity Trading Co

BW Energy

31/08/2023 19:04

Aug 31 (Reuters) - BW Energy Ltd  BWE.OL :
    * BW ENERGY - HAS ENTERED INTO AN AGREEMENT FOR AN UP TO USD
80
MILLION PREPAYMENT FACILITY WITH A LEADING COMMODITY TRADING
COMPANY
    * BW ENERGY - ONE-YEAR PREPAYMENT FACILITY WILL BE USED TO
FINANCE
ACQUISITION OF GOLFINHO FIELD, FPSO CIDADE DE VITÓRIA AND
FIELD-RELATED INVESTMENTS
    * BW ENERGY - HAS ENTERED INTO AN OFFTAKE AGREEMENT TO SELL,
DELIVER CRUDE OIL PRODUCTION FROM GOLFINHO FIELD TO COMMODITY
TRADER DURING FACILITY TERM

Source text for Eikon:  ID:nGNE8bWZtP 
Further company coverage:  BWE.OL 

 ((Reuters.Briefs@thomsonreuters.com;))