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BW Energy signs 10-year lease for Maromba B platform with MSFL

BW Energy has signed a long-term lease agreement with Minsheng Financial Leasing for its Maromba B platform, covering $274mn of the project’s CAPEX, with no payments due before first oil.

BW Energy signs 10-year lease for Maromba B platform with MSFL

SectorPétrole
ThemeInvestissements & Transactions, Développement de projets, Financement

BW Energy has formalised the conversion of a short-term lease agreement into a long-term project lease for the BW Maromba B platform, a Super Gorilla class jack-up rig. The deal was signed with Minsheng Financial Leasing Co. Ltd. (MSFL) and includes the rig purchase and all associated costs required to prepare the unit for drilling and production.

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