The Oslo-listed FPSO operator paid $83.4m for the320,000-dwt Blue Opal (ex: G Elephant, built 2012), it confirmed today.

TradeWinds first reported the sale in November though theidentity of the buyer was a mystery at the time.

BWO is weighing up several possible FPSO projects for thevessel which it has been inspecting for over a year.

The VLCC was one of a pair that TMT of Taiwan ordered at the Korean shipbuilder for$135m each but failed to take delivery of due to financial difficulties.