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BW Offshore survives Tamarind liquidation

OIL and gas floating production storage and offloading vessel provider BW Offshore has posted revenues of US$303 million for the final quarter of 2019, despite a $13 million hit over the termination of its Umuroa contract with Tamarind Taranaki.

paul hunt
BW Offshore survives Tamarind liquidation

In its annual report, released on Friday, the company noted it had exceeded its financial expectations with EBITDA for the fourth quarter of $169.4 million, up from $162.1 million in the third quarter....

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