BW Offshore: Short-term extension for BW Pioneer

18 Mar 2025 17:15 CET

Short-term extension for BW Pioneer

BW Offshore has signed a short-term extension agreement, maintaining current
terms, for the FPSO BW Pioneer with a subsidiary of Murphy Oil Corporation until
25 March 2025. This extension facilitates the completion of administrative
processes necessary for finalising the sale.

For further information, please contact:
Ståle Andreassen, CFO, +47 91 71 86 55

IR@bwoffshore.com or www.bwoffshore.com

About BW Offshore:
BW Offshore engineers innovative floating production solutions. The Company has
a fleet of 3 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 1,100 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

More information:
Access the news on Oslo Bors NewsWeb site