BW Offshore: Closing of the sale of BW Opportunity

15 Mar 2023 15:36 CET

Closing of the sale of BW Opportunity

With reference to the stock exchange release dated 10 March 2023.

BW Offshore has today closed the transaction for the sale of the FPSO BW
Opportunity for USD 125 million to an undisclosed third party.

For further information, please contact:
Ståle Andreassen, CFO, +47 91 71 86 55
Anders S. Platou, Head of Corporate Finance & Strategy, +47 99 50 47 40

IR@bwoffshore.com or www.bwoffshore.com (http://www.bwoffshore.com)

About BW Offshore
BW Offshore engineers innovative floating production solutions. The Company has
a fleet of 9 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 2,000 employees and is publicly listed on the Oslo Stock Exchange.

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

More information:
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