BWO BW Offshore Limited

BW Offshore: Short-term extension for BW Pioneer

BW Offshore: Short-term extension for BW Pioneer

Short-term extension for BW Pioneer

BW Offshore has signed a short-term extension agreement, maintaining current terms, for the FPSO BW Pioneer with a subsidiary of Murphy Oil Corporation until 25 March 2025. This extension facilitates the completion of administrative processes necessary for finalising the sale.

For further information, please contact:

Ståle Andreassen, CFO,

or

About BW Offshore:

BW Offshore engineers innovative floating production solutions. The Company has a fleet of 3 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 1,100 employees and is publicly listed on the Oslo stock exchange.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act



EN
18/03/2025

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Reports on BW Offshore Limited

ABGSC Energy Research ... (+6)
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  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Njål Kleiven
  • Stian Wibstad
 PRESS RELEASE

BW Offshore: Short-term extension for BW Pioneer

BW Offshore: Short-term extension for BW Pioneer Short-term extension for BW Pioneer BW Offshore has signed a short-term extension agreement, maintaining current terms, for the FPSO BW Pioneer with a subsidiary of Murphy Oil Corporation until 25 March 2025. This extension facilitates the completion of administrative processes necessary for finalising the sale. For further information, please contact:Ståle Andreassen, CFO, or About BW Offshore:BW Offshore engineers innovative floating production solutions. The Company has a fleet of 3 FPSOs with potential and ambition to grow. By le...

ABGSC Energy Research ... (+6)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Njål Kleiven
  • Stian Wibstad
 PRESS RELEASE

BW Offshore: Sale of FPSO BW Pioneer with five-year O&M contract with ...

BW Offshore: Sale of FPSO BW Pioneer with five-year O&M contract with the buyer Sale of FPSO BW Pioneer with five-year O&M contract with the buyer BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for USD 125 million to a subsidiary of Murphy Oil Corporation (NYSE:MUR), the operator of the Cascade & Chinook field. The transaction includes an initial payment of USD 100 million upon delivery of the FPSO at the end of the current contract period, 18 March 2025, followed by the remaining balance upon receipt of the full-term class certificate for the period 2025-2030, e...

 PRESS RELEASE

BW Offshore: New awards under Long-Term Incentive Programme

BW Offshore: New awards under Long-Term Incentive Programme New awards under Long-Term Incentive Programme The Board of Directors of BW Offshore Limited ("BWO" or the "Company") has approved new awards under the Long-Term Incentive Programme (LTIP) adopted in 2024. The programme is a combination of Share Options and Restricted Share Unit (RSUs), aimed to align the interests of the participating employees with those of the Company's shareholders. The programme is discretionary, and participants are invited on an annual basis. The total number of options awarded under the LTIP for 2025 is 8...

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