BW Offshore strikes deal with New Zealand government over stranded floater

Norwegian company also reveals a fall in third quarter profits as revenue slips

Set to disconnect: BW anticipates the Umuroa FPSO will set sail from the Tui field off New Zealand by the middle of next year
Set to disconnect: BW anticipates the Umuroa FPSO will set sail from the Tui field off New Zealand by the middle of next yearPhoto: AWE
Published 19 November 2020, 08:04Updated 19 November 2020, 08:04