Friday, 22 January 2016

Lundin to sell Bertam FPSO as it focuses on core business

Lundin Petroleum has entered into an agreement to sell the Bertam FPSO to M3nergy Investment Ltd., a wholly owned subsidiary of M3nergy Berhad of Malaysia. Lundin will receive a cash consideration of $265 million, based on a transaction effective date of Jan. 1, 2016. ...»

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