BW Energy announces changes to the Executive Management team BW Energy announces changes to the Executive Management team BW Energy appoints Brice Morlot as Chief Operating Officer and Thomas Young as Chief Financial Officer. Mr. Morlot joined BW Energy in 2024 as the Company’s CFO. He has extensive experience, combining financial expertise and a strong operational background in the E&P sector. Mr. Morlot succeeds Lin Espey, who stepped down as COO in July. Mr. Young, previously the Chief Strategy Officer, has been part of the company since inception and overseen the development of BW En...
Subsea7 awarded contract offshore Saudi Arabia Luxembourg – 14 September 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a major1 project under the long-term agreement (LTA) with Aramco that relates to certain facilities located offshore Saudi Arabia. The contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometres of infield and export pipelines, modification to existing topsides, and associated hook-up activities. Project management and engineering work will begin immediately at Subsea7’s offices in Saudi Ar...
Subsea 7 S.A. Extraordinary General Meeting NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW Luxembourg – 12 September 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, the Company) today published further information in relation to the extraordinary general meeting of shareholders of the Company to be held on 25 September 2025 (the EGM), the purpose of which is to consider the proposed combination between Subsea7 and Saipem. In accordance with article 1025-10(1) of the Luxembourg law of 10...
BW Energy: Company Presentation Pareto Securities' Energy Conference 2025 BW Energy is presenting at the Pareto Securities' Energy Conference today at 12.10 CEST. Please see the attached presentation. For further information, please contact: Martin Seland Simensen, VP Investor Relations About BW Energy: BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than tra...
BW Energy: Completes Maromba FPSO financing and signs short-term lease for the development rig BW Energy: Completes Maromba FPSO financing and signs short-term lease for the development rig BW Energy is pleased to announce the completion of a USD 365 million project finance facility, backed by China Export & Credit Insurance Corporation (“Sinosure”), to fund the refurbishment and redeployment of the Maromba Floating Production Storage Offloading vessel (“FPSO”) to the Maromba field offshore Brazil. Separately, the Company finalised a short-term lease with Minsheng Financial Leasing Co., L...
Subsea7 awarded cable installation contract in Taiwan Luxembourg – 2 September 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award to Seaway7, part of the Subsea7 Group, of a substantial1 contract by Synera Renewable Energy (SRE), for the transport and installation of inter-array cables for the Formosa 4 Wind Farm. The 495 MW Formosa 4 offshore site is located approximately 20 kilometres off the coast of Miaoli County, Taiwan, and will comprise 35 wind turbine generators. Seaway7’s scope of work includes the transport and installation of 35 inter-array cables with ...
Subsea7 awarded contract offshore Türkiye Luxembourg – 27 August 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a major1 contract by Turkish Petroleum Offshore Technology Center (TP-OTC). The project was awarded for the development of phase 3 of the Sakarya field development in the Black Sea, offshore Türkiye. Subsea7’s scope includes engineering, procurement, construction and installation (EPCI) of the subsea umbilicals, risers and flowlines (SURF). Project management and engineering will commence immediately and will be managed by the Subsea7 office in Is...
BW Energy: Long-Term Incentive Program – new awards Long-Term Incentive Program – new awards 18 August 2025 The Board of Directors of BW Energy Limited ("BWE" or the "Company") approved the award of share options under a Long-Term Incentive Program (LTIP) to align the interests of the participating employees with those of the Company's shareholders. The LTIP is discretionary, and participants are invited on an annual basis. The total number of shares awarded under the LTIP for 2025 is 1,120,000, allocated to options that will give the holder the right to acquire one BW Energy share p...
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