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Asia Pacific Tankers and Gas Finance

BW Offshore to spin off exploration and production business

BW Energy will take over all the upstream oil and gas assets from BW Offshore and its Singapore-based shipping conglomerate parent BW Group. It is also planning an IPO for the unit on the Oslo Stock Exchange

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BW Offshore will transfer its interests in the recently-acquired Maromba field offshore Brazil and the Kudu field in Namibia to BW Energy

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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