Published

Notification of trade

(Bermuda, 16 June 2008) As part of BW Offshore's employee stock ownership program (ESOP), the following insiders have bought shares in BW Offshore Limited. The shares were bought on 13 June 2008 at a subscription price of NOK 14.02 per share. The maximum subscription per employee was 2,139 shares.
 
Svein Moxnes Harfjeld, CEO, has bought 2,139 shares. After this purchase, Mr. Harfjeld holds 348,872 shares in BW Offshore Limited.
 
Knut R. Sæthre, CFO, has bought 2,139 shares. After this purchase, Mr. Sæthre holds 137,285 shares in BW Offshore Limited, private and through KRS Invest Ltd.
 
Carl Krogh Arnet, President Business Development, has bought 2,139 shares. After this purchase, Mr. Arnet holds 5,602,139 shares in BW Offshore Limited.
 
Torfinn Buarøy, Director Operations, has bought 2,139 shares. After this purchase, Mr. Buarøy holds 38,006 shares in BW Offshore Limited.
 
Elisabeth Barstad Dehlie, Director Strategic Planning and Corporate Development, has bought 2,139 shares. After this purchase, Mrs. Barstad Dehlie holds 44,673 shares in BW Offshore Limited.
 
Tom Arne Kristiansen, Director Technical, has bought 2,139 shares. After this purchase, Mr. Kristiansen holds 28,006 shares in BW Offshore Limited.
 
Benedicte L. Barthold, General Manager HSSEQ and Risk Management, has bought 2,139 shares. After this purchase, Mrs. Barthold holds 14,451 shares in BW Offshore Limited.
 
Kristian Flaten, Manager Finance and Investor Relations, has bought 2,139 shares. After this purchase, Mr. Flaten holds 6,139 shares in BW Offshore Limited.
 
Hazel Lynne Arnott, PA, has bought 855 shares. After this purchase, Mrs. Arnott holds 855 shares in BW Offshore Limited.
 
 
For further information, please contact:
Svein Moxnes Harfjeld, CEO BW Offshore, +47 4140 4886
Knut R. Sæthre, CFO BW Offshore, +47 9111 7876
 
 
BW Offshore is one of the world's leading FPSO contractors and a market leader within advanced offshore loading and production systems to the oil and gas industry. BW Offshore has 25 years' experience and has successfully delivered 12 FPSO projects and 42 turrets and offshore terminals. BW Offshore's technology division APL has delivered solutions for production vessels, storage vessels and tankers in a wide range of field developments. Adapting through competence, in-house technology, solid project execution and operational excellence, BW Offshore ensures that customer needs are met through versatile solutions for offshore oil and gas projects.  BW Offshore has as a global network with offices in Europe, Asia Pacific, West Africa and the Americas. BW Offshore has 1,100 employees and is listed on the Oslo Stock Exchange. For more information, please visit www.bwoffshore.com and www.apl.no.