Brief: BW Energy Signs Long-Term Lease For Maromba Drilling And Wellhead Platform

BW Energy

15/12/2025 06:33

Dec 15 (Reuters) - BW Energy Ltd BWE.OL:

SIGNS LONG-TERM LEASE FOR MAROMBA DRILLING AND WELLHEAD PLATFORM

SHORT-TERM LEASE FOR SUPER GORILLA CLASS JACK-UP RIG BW MAROMBA B SIGNED IN SEPTEMBER 2025 HAS BEEN SUCCESSFULLY CONVERTED INTO A LONG-TERM PROJECT LEASE AGREEMENT

NEW LEASE AGREEMENT COVERS RIG PURCHASE AND ALL COSTS REQUIRED TO BRING MAROMBA B WELLHEAD PLATFORM TO DRILLING AND PRODUCTION READINESS

THIS REPRESENTS USD 274 MILLION OF PREVIOUSLY COMMUNICATED MAROMBA CAPEX AND PROVIDES AN EFFICIENT LEASE FINANCING STRUCTURE FOR PROJECT'S DEVELOPMENT PHASE, FOLLOWED BY A TEN-YEAR LEASE TERM

Source text: ID:nGNE7DMWXF

Further company coverage: BWE.OL

 (Gdansk Newsroom)

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