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Acquisition of Baúna FPSO

Sector: Oil and Gas • Location: Brazil

Source: Energy News Bulletin

Project
Awarded

Karoon Energy has moved to acquire 100% of the Baúna FPSO offshore Brazil for a total of US$123 million, which includes US$115 million for the FPSO and approximately US$8 million in transaction costs. This acquisition will provide Karoon with direct strategic control over the offshore production facility.

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The project “Acquisition of Baúna FPSO” is an infrastructure initiative in the Oil and Gas sector, located in Brazil. Taiyo aggregates data on it from Energy News Bulletin.

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Description

Description

Karoon Energy has moved to acquire 100% of the Baúna FPSO offshore Brazil for a total of US$123 million, which includes US$115 million for the FPSO and approximately US$8 million in transaction costs. This acquisition will provide Karoon with direct strategic control over the offshore production facility.

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100%

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