BW Offshore: First Gas achieved on the BW Opal FPSO First Gas achieved on the BW Opal FPSO BW Offshore is proud to announce that the BW Opal FPSO has achieved First Gas on 20 September, after successfully reaching Ready for Start-Up (RFSU) for the Santos operated Barossa LNG project on 16 September, initiating 60% of the contractual dayrate under the charter. First Gas represents a critical juncture in the formal transition from project to operations phase and demonstrates BW Opal’s readiness to deliver stable energy production. The next milestone, Interim Performance Test (IPT), will in...
BW Offshore: Exercise of employee share options Exercise of employee share options BW Offshore has completed an exercise window under its Long-Term Incentive Program (LTIP), during which a total of 672,027 options were exercised by primary insiders. The Company's obligation under the program was settled using cash. The exercise price is NOK 37.35, corresponding to the five-day volume-weighted average price (VWAP) from 28 August 2025 to 3 September 2025, inclusive. The following primary insiders participated in the exercise window: Marco Beenen, Chief Executive Officer, has exercised 306,...
BW Offshore: Completed refinancing into new USD 220 million Revolving Credit Facilit Completed refinancing into new USD 220 million Revolving Credit Facility BW Offshore Limited is pleased to announce the successful refinancing of its existing Revolving Credit Facility into a new USD 220 million facility, maturing on 10 November 2028. The new facility provided by a consortium of 9 international banks, is priced at a margin of 250 basis points above USD SOFR. “We are pleased with the confidence our banking partners have shown in BW Offshore. The refinancing of our revolving credit facilit...
BW Offshore: Company presentation Company presentation BW Offshore is presenting at the Pareto Securities’ Energy Conference today. Please see the attached presentation. 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 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 1,000 employees...
BW Offshore: Ex dividend USD 0.0625 today Ex dividend USD 0.0625 today The shares in BW Offshore Limited will trade ex dividend USD 0.0625 per share as from today, 2 September 2025. Dividend payment to shareholders will be on or about 11 September 2025. This information is published in accordance with the requirements of the Continuing Obligations. About BW Offshore: BW Offshore engineers innovative floating production solutions. The Company has a fleet of FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company...
BW Offshore: Signs Head of Agreement with Equinor for Bay du Nord FPSO Signs Head of Agreement with Equinor for Bay du Nord FPSO BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada Ltd, confirming its selection as preferred bidder for the Floating Production, Storage and Offloading (FPSO) unit for the Bay du Nord project offshore Newfoundland and Labrador, Canada. Bay du Nord, Canada’s first deepwater oil project, is operated by Equinor in partnership with BP and holds an estimated 400 million barrels of recoverable light crude in its initial phase. Under the HoA, BW Offs...
BW Offshore: Dividend information Dividend information Reference is made to the Q2 2025 Presentation released 28 August 2025. BW Offshore Limited (“BW Offshore”) provides the following key information relating to its cash dividend for Q2 2025. Cash dividend:Cash dividend amount: USD 0.0625 per share Declared currency: USD Timeline:Date of approval: 28 August 2025 Last day inclusive: 1 September 2025 Ex-date: 2 September 2025 Record date: 3 September 2025 Dividend payment date and delivery of Dividend Shares to shareholders: On or about 11 September 2025 This information is publish...
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