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BW Offshore: Mandatory notification of trades

BW Offshore Limited ("BWO") yesterday, under a long-term bonus scheme, sold
35,905 BWO-shares to CFO Knut R. Sæthre, 47,683 BWO-shares to CBDO Claude
Rouxel, 43,520 BWO-shares to CTO Thyl Kint and 37,407 BWO-shares to COO
Stuart Bannerman. The transaction price was set at NOK 6.28 per share, which
represents the average closing price after the release of the annual results.
The shares will be restricted until 1 June 2016 and are transferred from BW
Offshore's holding of treasury shares.

Following the above transactions, BWO will hold 2,445,020 shares in treasury.
Knut R. Sæthre will hold 645,906 shares, Claude Rouxel will hold 1,049,822
shares, Thyl Kint will hold 259,071 shares and Stuart Bannerman will hold
89,907 shares in BWO.
.For further information, please contact:

Kristian Flaten, Vice President IR and Corporate Finance, +47 9509 2322

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 and 1 FSO represented in all major oil
regions world-wide. The company also operates additional 2 FPSOs. BW Offshore
has a long track record on project execution and operations, as well as a
robust balance sheet and strong financial capabilities. 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
on www.bwoffshore.com

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


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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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