CHANGE IN DATE FOR BW OFFSHORE ANNUAL GENERAL MEETING

Reference is made to the financial calendar announcement dated 23 December 2016. The Annual General Meeting (AGM) of the Company is scheduled for 25 May 2017. It was originally scheduled for 26 May 2017.

For further information, please contact:

IR@bwoffshore.com

About BW Offshore:

BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore has a fleet of 14 owned FPSOs and one FSO represented in all major oil & gas regions world-wide. BW Offshore has a long track record on project execution and operations. In more than 30 years of production, BW Offshore has executed 38 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange.

Further information is available on www.bwoffshore.com.

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