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BW Energy Ltd. ( (DE:6BW) ) has issued an update.
BW Energy Gabon SA, a subsidiary of BW Energy Limited, has taken over the operations and maintenance of the FPSO BW Adolo from BW Offshore Limited, effective May 20, 2025. This transition allows BW Energy Gabon to optimize field performance and enhance synergies across the Dussafu hub, reflecting the company’s growing presence in Gabon and commitment to operational efficiency.
More about BW Energy Ltd.
BW Energy is a growth-focused exploration and production company specializing in offshore oil and gas reservoirs. The company employs a strategy of low-risk phased developments and utilizes existing production facilities to expedite oil production and cash flow while minimizing investment costs. BW Energy operates several significant assets, including a majority stake in the Dussafu Marine license offshore Gabon, and has interests in fields in Brazil and Namibia.
Average Trading Volume: 82,057
Current Market Cap: NOK8.36B
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