A quick status since last post

A lot has happened with the portfolio lately. BW Offshore released their half year report, and climbed 25% in one day. A lot of triggers going forward here:

* The results of the Hibiscus well

* A possible 5 year extension for a FPSO contract.

* Listing of BW Energy

* New wells on Ruche, Walt Withman and Mobuenga (probably finished by 2022-23)

* Brazilian oilfield, and redeployment of an existing unit.

I bought some NHY at 26,90, but unfortunately too few. They now trade around 33 a share. I also added to my Equinor holding, again too few. They began a buyback program of $ 5 billions.

In addition, I have increased my holdings in Wallenius Wilhelmsen.

One thought on “A quick status since last post

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