Annual General Meeting 2011 - Minutes

12 May 2011 - The Annual General Meeting 2011 of BW Offshore Limited was held today. All proposed resolutions were resolved. Please see the attached document for the minutes of the meeting.

For further information, please contact:

Kristian Flaten, VP Finance & Investor Relations, +47 9509 2322

About BW Offshore:

BW Offshore is a leading global provider of floating production services to the oil and gas industry. With the acquisition of Prosafe Production in 2010, the company has become the world's second largest contractor with a fleet of 15 FPSOs and 2 FSOs represented in all major oil regions world-wide. BW Offshore has an excellent track record on project execution and operations, as well as a robust balance sheet and strong financial capabilities. In 30 years of production, BW Offshore has successfully executed more than 30 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange. Further information is also available on www.bwoffshore.com