BW Offshore: Resignation of Board Member

Mr. Carsten Mortensen has informed the Company that he wishes to resign as Director of the Board with effect from 15 October 2018. The Board of Directors of BW Offshore has accepted his resignation. The Company would like to extend its appreciation to Mr. Mortensen for his years of service as Director.

For further information, please contact: 

Knut R. Sæthre, CFO, +47 911 17 876

IR@bwoffshore.com or www.bwoffshore.com

About BW Offshore:

BW Offshore is a leading provider of floating production services to the oil and gas industry. The company also participates in developing proven offshore hydrocarbon reservoirs. BW Offshore is represented in all major oil and gas regions world-wide with a fleet of 15 owned FPSOs. The company has more than 30 years of production track record, having executed 40 FPSO and FSO projects. BW Offshore is listed on the Oslo Stock Exchange.

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