Brief: BW Energy: Strategic Entry Offshore Angola
Dec 12 (Reuters) - BW Energy Ltd BWE.OL: BW ENERGY: STRATEGIC ENTRY OFFSHORE ANGOLA THROUGH ACQUISITION OF 10% IN BLOCK 14 AND 5% IN BLOCK 14K TRANSACTION CARRIES A BASE CASH CONSIDERATION OF USD 97.5 MILLION NET TO BW ENERGY DEPOSIT OF USD 6 MILLION IS PAYABLE IMMEDIATELY, WITH BALANCE TO BE SETTLED AT COMPLETION Source text: ID:nGNE3lMQF Further company coverage: BWE.OL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com;))
Recent news on BW Energy
See all newsThree bodies found in Gabon following sinking of Borr Drilling rig (updated)
Corrected: Three bodies found in Gabon following sinking of Borr Drilling rig
Corrected: UPDATE 1-Three bodies found in Gabon following sinking of Borr Drilling rig
Three bodies recovered in Gabon following sinking of Borr Drilling rig
Norway's BW Energy Q3 net production falls on technical issues