BW Energy: Activity related to Block 14/14K offshore Angola A BW Energy Group company is part of a process to potentially acquire Azule Energy’s non-operated interests in Block 14/14K offshore Angola. This is part of the Group’s continuous consideration of opportunities to acquire assets in line with its stated strategy. No binding agreement has been reached, and there can be no assurance that the process will result in a transaction. For further information, please contact: Martin Seland Simensen, VP Investor Relations About BW Energy: BW Energy is a growth E&P company with a diff...
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...
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...
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...
BW Energy strengthens liquidity with USD 250 million Revolving Credit Facility BW Energy has signed a USD 250 million Corporate Revolving Credit Facility with DNB Bank. The facility provides enhanced financial flexibility to support ongoing field development activities and general corporate purposes. The financing is backed by BW Group, reflecting continued confidence in BW Energy's strategy. The facility has a tenor of 18 months with a bullet maturity and includes an option to extend by a further 18 months, subject to mutual agreement. The interest rate is Term SOFR plus 6% per ann...
AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; Target price of A$0.30 per share: Operating update – Net production in Austria was 303 boe/d. The company held A$4.8 mm in cash at the end of June. Criterium Energy (CEQ CN)C; Target price of C$0.35 per share: Successful flow test at North-MGH boosts expected 2H26 gas production to 7-10 mmcf/d – The MGH-20 well in the North Mengoepeh (MGH) field tested 2.8 mmcf/d with associated oil. This is a positive surprise a...
BW Energy: Second quarter and first half 2025 results BW Energy delivered strong operational performance in the first half of 2025, driven by high production uptime, competitive cost levels, and a solid safety record with zero lost time incidents. The Company’s project portfolio continues to advance, with final investment decisions taken on both the Maromba development and the Golfinho Boost project. In addition, a substantial oil discovery was made at the Bourdon prospect in the Dussafu area, further expanding BW Energy’s resource base. Backed by strong cash generation and a resilient fin...
BW Energy contracts Deepsea Mira for drilling Kudu appraisal well BW Energy contracts Deepsea Mira for drilling Kudu appraisal well BW Energy, together with NAMCOR E&P, is pleased to announce that it has contracted the Deepsea Mira semi-submersible rig for the drilling of the Kharas appraisal well on the Kudu licence (PPL003) offshore Namibia in the Orange Basin, scheduled for the second half of 2025. The agreement is part of a rig-sharing arrangement previously announced by the rig’s operator, Northern Ocean Ltd., with Rhino Resources Ltd. The contract, entered into by BW Kudu Ltd., pr...
BW Energy: Invitation to Q2 2025 and half-year results presentation 01 August Invitation to Q2 2025 and half-year results presentation 01 August BW Energy will release its second quarter and half-year 2025 results on Friday, 01 August at 07:00 CEST. A conference call followed by Q&A will be hosted by CEO Carl K. Arnet and CFO Brice Morlot the same day at 14:00 CEST. You can follow the presentation via webcast: Call-in information Participants dial in numbers: DK: SE: NO: UK: 9US: Singapore: 65-3-1591097France: 33-1-81221259Conference code: 980877 For further information,...
AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C; Target price of £0.70 per share: AB wells deliver flow rates above expectations – Current production ranges between 4,600 and 4,800 bbl/d driven by strong performance from two new horizontal wells at Alberta Llanos (AB). AB-HZ5, onstream for ~2 weeks, is producing 1,790 bbl/d (895 bbl/d net to Arrow), while AB-HZ4, online for over a month, continues to produce 880 bbl/d (440 bbl/d net). Both wells are ou...
BW Energy: Second quarter 2025 operational update Second quarter 2025 operational update BW Energy will publish its financial results for the second quarter and first half of 2025 on 1 August 2025. Today, the company provides preliminary operational figures. Net production attributable to BW Energy was 2.9 million barrels of oil (mmbbls) in the second quarter 2025, equivalent to 32.3 thousand barrels of oil per day (kbopd), from the Dussafu license in Gabon (73.5% working interest) and the Golfinho field in Brazil (100% working interest). Q2 2025 ...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.