Corporate presentation and financial outlook

(Bermuda, 2 September 2009): BW Offshore Limited will present at the Pareto Oil & Offshore Conference today. The presentation includes certain comments on BW Offshore's financial outlook. BW Offshore sees a strong contracted cashflow growth into the first half of 2010 which will further improve the company's financial strength. Please see the full presentation attached.

 

 

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 more than 25 years' experience and has successfully delivered 14 FPSO projects and 50 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 a global network with offices in Europe, Asia Pacific, West Africa and the Americas. BW Offshore has 1,200 employees and is listed on the Oslo Stock Exchange. For more information, please visit www.bwoffshore.com and www.apl.no.