BW Energy enters $150m sale and leaseback deal for Gabon platform

Oslo-listed BW Energy has executed a sale and leaseback agreement with China’s Minsheng Financial Leasing for the MaBoMo production facility on the Dussafu Licence offshore Gabon. The agreement will provide $150m of gross sales proceeds under a ten-year lease term with an option to repurchase the unit from the end of year seven. According to …

splash247