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2016-09-14

BW Offshore: Company presentation

BW Offshore is presenting at the Pareto Oil&Offshore Conference today. Please see the full presentation Attached.The presentation contains an updated status of the order backlog where the
backlog has been reduced with the optional periods of the Peregrino contract
for Statoil in Brazil. Due to a change in the operating model Statoil has
notified the Company that the Peregrino contract will not be extended after
the current expiry. BW Offshore will support Statoil in the transition
process until final handover in June 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 is the world's second largest
contractor with a fleet of 14 FPSOs represented in all major oil 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 also available onwww.bwoffshore.com

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

BWO_Pareto_Conference_2016
http://hugin.info/136844/R/2042008/762091.pdf

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BW Offshore via Globenewswire

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