BW Offshore: Short-term contract extension for Espoir Ivoirien

26 Apr 2023 17:38 CEST

Short-term contract extension for Espoir Ivoirien

BW Offshore Limited has signed a short-term extension for the lease and
operation of the FPSO Espoir Ivoirien in order to discuss a potential purchase
of the FPSO by the client. The firm period has been extended until 1 June 2023.

The FPSO is operating on the Espoir field offshore the Ivory Coast.

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

About BW Offshore:
BW Offshore engineers innovative floating production solutions. The Company has
a fleet of 8 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 the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

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