New vessel pulls BW Offshore into the black
The offshore carrier improved its top and bottom line in the first months of the year, helped by a new vessel which began contributing to earnings. The company projects several new projects in the coming years.
by DANIEL LOGAN
In the first three months of the year, BW Offshore saw returns on its new FPSO vessel BW Catcher, which in December began to deliver earnings on a billion dollar contract with Premier Oil.
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