Aankondiging • Jun 15
BW Offshore Completes Interim Performance Test for BW Opal FPSO BW Offshore has completed the Interim Performance Test (IPT) for the BW Opal FPSO, as part of the commissioning programme for the Santos-operated Barossa LNG project offshore northern Australia. The completion of IPT constitutes an important operational milestone for BW Opal. The test confirms that key production, processing and utility systems on the FPSO are operating in an integrated manner and are capable of delivering stable performance under production conditions. Following the restart of production in early May, BW Opal has continued gas production and export. Production is being managed in close coordination with Santos during this phase of the ramp-up and commissioning programme. BW Offshore remains focused on safe and stable operations, the completion of remaining commissioning activities, and progress toward Practical Completion. Practical Completion will mark the commencement of the long-term firm contract period for BW Opal. Aankondiging • May 20
BW Offshore Limited Announces Cash Dividend for the First Quarter 2026, Payable on or About 1 June 2026 BW Offshore Limited announced cash dividend of USD 0.0625 per share for the first quarter 2026. Date of approval: 14 May 2026; Last day inclusive: 20 May 2026; Ex-date: 21 May 2026; Record date: 22 May 2026. Dividend payment date and delivery of Dividend Shares to shareholders: On or about 1 June 2026. Aankondiging • Feb 27
Bw Offshore Limited Announces Dividend for the Fourth Quarter of 2025, Payable on March 13, 2026 BW Offshore Limited announced dividend of USD 0.1830 per share for the fourth quarter of 2025, payable on March 13, 2026 with record date of March 5, 2026 and ex-date of March 4, 2026. Aankondiging • Nov 20
BW Offshore Limited, Annual General Meeting, May 14, 2026 BW Offshore Limited, Annual General Meeting, May 14, 2026. Aankondiging • Nov 16
BW Offshore And BW Group Establish BW Elara Joint Venture For Floating Desalination Solutions Powered By BW Water Technology BW Offshore and BW Group have established a 50/50 joint venture entity (JV), BW Elara, to design and buildFloating Desalination Units (FDUs), producing fresh water from salt water to address growing global water constraints. The FDUs will combine BW Offshore's experience from developing over 40 floating production units with BW Water's 35-year desalination expertise to offer a rapidly deployable fresh water solution. BW Offshore will oversee the overall FDU project execution, including hull design and construction, and system integration, and will co-invest alongside a company affiliated with BW Group; and BW Water will design and build the desalination plant using its custom-engineered reverse osmosis systems. Access to fresh water is an emerging global challenge. While permanent infrastructure remains the typical long-term solution, there is a widening gap between immediate water requirements and availability in many areas. This challenge is particularly acute in mid-size municipal and industrial settings, where existing emergency water supply options such as containerised units are insufficient to meet demand, while large onshore desalination plants take too long to address urgent needs. Developed over the last two years on proven technology, the FDU concept offers a flexible and scalable solution to bridge that gap. A ready-built FDU can be deployed and fully operational within as little as three months from contract signing. The modular unit can supply 20 to 40 million litres of drinking water per day. It is ideal for urgent deployment in response to droughts, delays in land-based desalination projects and temporary industrial demand spikes. The JV sees clear market potential underpinning intention to develop and operate a multi-regional fleet over time. Aankondiging • Sep 22
BW Offshore Announces First Gas Achieves on the BW Opal FPSO BW Offshore announced that the BW Opal FPSO has achieved First Gas on 20 September, after successfully reaching Ready for Start-Up (RFSU) for the Santos operated Barossa LNG project on 16 September, initiating 60% of the contractual dayrate under the charter. First Gas represents a critical juncture in the formal transition from project to operations phase and demonstrates BW Opal's readiness to deliver stable energy production. The next milestone, Interim Performance Test (IPT), will increase the payable dayrate to 85%. The final milestone, Practical Completion (PC), will conclude the delivery phase, trigger 100% of the dayrate, and mark the commencement of the 15-year firm contract period, securing long-term revenues for the Company under the charter agreement. The BW Opal FPSO, designed to process 850 million standard cubic feet per day (MMSCFD) of gas and capacity of 11,000 barrels per day of stabilised condensate, will operate in the Santos operated Barossa gas field, located285 kilometres offshore Darwin in the Northern Territory of Australia. The FPSO will play a central role in unlocking the resource potential of the Barossa field for years to come. Aankondiging • Aug 28
BW Offshore Limited Declares Cash Dividend for the Second Quarter 2025, Payable on or About September 11, 2025 BW Offshore Limited declared cash dividend of USD 0.0625 per share for the second quarter 2025. Date of approval: 28 August 2025. Ex-date: 2 September 2025; Record date: 3 September 2025. Dividend payment date and delivery of Dividend Shares to shareholders: On or about 11 September 2025. Aankondiging • Jun 03
BW Offshore Limited Declares Cash Dividend for the First Quarter 2025, Payable on or About 12 June 2025 BW Offshore Limited declared cash dividend of USD 11 million equal to USD 0.0625 per share for the first quarter 2025. Date of approval: 28 May 2025. Ex-date: 4 June 2025; Record date: 5 June 2025. Dividend payment date and delivery of Dividend Shares to shareholders: On or about 12 June 2025. Aankondiging • May 29
BW Offshore Limited Appoints Nomination Committee BW Offshore Limited at the AGM May 28, 2025 appointed Ms. Alicia Yik as member of the nomination committee and Ms. Elaine Yew as Chair of the nomination committee. Aankondiging • Feb 28
Bw Offshore Limited Declares Fourth Quarter Cash Dividend, Payable on or About 11 March 2025 BW Offshore Limited declared fourth quarter cash dividend of USD 0.14 per share for year 2024. Dividend payment date and delivery of Dividend Shares to shareholders: On or about 11 March 2025. Ex-date: 3 March 2025; Record date: 4 March 2025. Aankondiging • Dec 04
BW Offshore Limited, Annual General Meeting, May 28, 2025 BW Offshore Limited, Annual General Meeting, May 28, 2025. Aankondiging • Nov 15
BW Offshore Limited Declares Quarterly Cash Dividend, Payable on or Around November 27, 2024 BW Offshore Limited declared a quarterly cash dividend of USD 0.0625 per share. The shares will trade ex-dividend from 19 November 2024. Shareholders recorded in VPS following the close of trading on Oslo Børs on 20 November 2024, will be entitled to the distribution payable on or around 27 November 2024. Aankondiging • May 26
BW Offshore Limited Announces Dividend for First Quarter 2024, Payable on or About 5 June 2024 BW Offshore Limited announced dividend of USD 0.0625 per share for First Quarter 2024. Date of approval of 23 May 2024 with Ex-date of 28 May 2024. Dividend payment date and delivery of Dividend Shares to shareholders: On or about 5 June 2024. Record date of 29 May 2024. Aankondiging • May 24
BW Offshore Limited Appoints Kees Van Seventer as Board Member BW Offshore Limited at its AGM held on May 23, 2024 approved appointment of Mr. Kees van Seventer as a new board member. Kees van Seventer has more than 25 years’ experience in the infrastructure, new technologies, LNG and energy transition industries. Mr. van Seventer is currently a Managing Partner at KS7 Impact Ventures. He also serves as Chairman of the KitchenSmart Foundation and is a Board member of Sohar Industrial Port Company (Oman) on behalf of the Port of Rotterdam. Mr. van Seventer was a Strategic Committee member at Royal Vopak for 18 years, where he held senior executive roles. Prior to this, he held positions at Solveigh M&A and Corporate Development, as well as Royal Pakhoed. Mr. Van Seventer studied Technical Business Management (Rijswijk) and holds an MBA from Business School Nederland. Aankondiging • Apr 30
Carl Krogh Arnet, Director Do Not Stand for Re-Election at BW Offshore Limited Mr. Carl Krogh Arnet, Director has informed BW Offshore Limited that he is not available for re-election, at its AGM to be held on 23 May 2024. He will hold office until the conclusion of the 2024 Annual General Meeting. Aankondiging • Dec 14
BW Group (Offeror) agreed to acquire remaining 60% in BW Energy Limited (OB : BWE) for NOK 4.2 billion in a tender offer. BW Group (Offeror) agreed to acquire remaining 60% in BW Energy Limited (OB : BWE) for NOK 4.2 billion in a tender offer on December 13, 2023. Under the terms, NOK 27 per share will be paid in cash. Offer period: From and including December 14, 2023 to January 12, 2024. DNB Markets, a part of DNB Bank ASA is acting as financial advisor and receiving agent, and Advokatfirmaet Thommessen AS is acting as legal advisor, to the BW Group Limited. Aankondiging • Dec 08
BW Sirocco Holdings AS (Offeror)completed the acquisition of 84.7 % stake in BW Ideol AS (OB : BWIDL). BW Sirocco Holdings AS (Offeror) made a recommended voluntary offer to acquire a 84.7 % stake in BW Ideol AS (OB : BWIDL) on November 9, 2023. Under the terms, eligible shareholders of BW Ideol will be offered a cash offer price of NOK 12 per Share and shares on 1:1 basis. The board of directors of BW Ideol (excluding its members having a conflict of interest with respect to the Offer) (the "Board") have unanimously resolved to recommend the shareholders of BW Ideol to accept the Offer. Transaction is subject to approval of regulatory board. The offer period is expected to commence on or about 14 November 14, 2023, following registration of the Offer Document with the Norwegian Register of Business Enterprises, and end on November 28, 2023. Following the completion of the Offer, the Offeror intends to carry out a compulsory acquisition to acquire the remaining Shares.Danske Bank, Norwegian Branch, is acting as financial advisor to the Offeror and receiving agent for the Offer. Advokatfirmaet Thommessen AS is acting as legal advisor to the Offeror. Carnegie AS is acting as financial advisor to the Board.BW Sirocco Holdings AS (Offeror)completed the acquisition of 84.7 % stake in BW Ideol AS (OB : BWIDL) on December 7, 2023. The Offeror intends to exercise its right of compulsory acquisition. The Offeror hereby announces that Offer has been completed, and that the settlement of the Offer has been made in accordance Settlement of the Cash Consideration) and Settlement of the Consideration Shares. Following the Settlement, and as of today, the Offeror holds in total 30,000,561 Shares, representing 95.21% of the Shares in BW Ideol. As on December 8, 2023, BW Sirocco Holdings AS announces exercise of the right of compulsory acquisition of the remaining shares in BW Ideol AS. Board Change • Nov 25
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Rebekka Herlofsen was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Nov 17
BW Offshore Limited Declares Cash Dividend, Payable on or About November 28, 2023 BW Offshore Limited declared cash dividend of USD 0.035 per share. Date of approval is 15 November 2023. Ex-date is 20 November 2023. Record date is 21 November 2023. Dividend payment date and delivery of Dividend Shares to shareholders: On or about 28 November 2023. Aankondiging • Aug 28
BW Offshore Limited Declares Cash Dividend for Second Quarter of 2023, Payable on or About 7 September 2023 BW Offshore Limited declared cash dividend for second quarter of 2023 of USD 0.035 per share. Date of approval is 25 August 2023. Ex-date is 30 August 2023. Record date is 31 August 2023. Dividend payment date and delivery of Dividend Shares to shareholders: On or about 7 September 2023. Board Change • Jul 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Rebekka Herlofsen was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 15
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Rebekka Herlofsen was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Rebekka Herlofsen was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 25
First quarter 2023 earnings released: EPS: US$0.10 (vs US$0.26 in 1Q 2022) First quarter 2023 results: EPS: US$0.10 (down from US$0.26 in 1Q 2022). Revenue: US$166.3m (down 14% from 1Q 2022). Net income: US$18.5m (down 61% from 1Q 2022). Profit margin: 11% (down from 24% in 1Q 2022). Revenue is expected to decline by 7.5% p.a. on average during the next 3 years, while revenues in the Energy Services industry in the United Kingdom are expected to grow by 8.3%. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Aankondiging • May 25
BW Offshore Limited Announces Cash Dividend for First Quarter 2023, Payable on or About 6 June 2023 BW Offshore Limited announced Cash dividend amount: USD 0.035 per share for first quarter 2023 and USD 5 million of BW Energy Limited shares as in-kind distribution. Date of approval: 23 May 2023, Last day inclusive is 25 May 2023, Ex-date is 26 May 2023 Record date is 30 May 2023. Dividend payment date and delivery of Dividend Shares to shareholders: On or about 6 June 2023. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: US$0.17 (vs US$0.035 in 3Q 2021) Third quarter 2022 results: EPS: US$0.17 (up from US$0.035 in 3Q 2021). Revenue: US$176.5m (down 12% from 3Q 2021). Net income: US$29.9m (up 375% from 3Q 2021). Profit margin: 17% (up from 3.2% in 3Q 2021). Revenue is expected to decline by 20% p.a. on average during the next 3 years, while revenues in the Energy Services industry in the United Kingdom are expected to grow by 11%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • May 29
First quarter 2022 earnings released: EPS: US$0.26 (vs US$0.54 in 1Q 2021) First quarter 2022 results: EPS: US$0.26 (down from US$0.54 in 1Q 2021). Revenue: US$193.6m (down 12% from 1Q 2021). Net income: US$47.0m (down 52% from 1Q 2021). Profit margin: 24% (down from 45% in 1Q 2021). Over the next year, revenue is expected to shrink by 22% compared to a 4.4% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 03
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.35 (up from US$1.77 loss in FY 2020). Revenue: US$829.3m (down 6.4% from FY 2020). Net income: US$62.6m (up US$382.5m from FY 2020). Profit margin: 7.5% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 6.7%. Over the next year, revenue is expected to shrink by 18% compared to a 3.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 27
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: EPS: US$0.035 (down from US$0.074 in 3Q 2020). Revenue: US$199.6m (up 2.3% from 3Q 2020). Net income: US$6.30m (down 53% from 3Q 2020). Profit margin: 3.2% (down from 6.8% in 3Q 2020). Revenue exceeded analyst estimates by 25%. Over the next year, revenue is expected to shrink by 18% compared to a 3.4% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Sep 26
Director recently sold kr13m worth of stock On the 23rd of September, Carl Arnet sold around 500k shares on-market at roughly kr25.10 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of kr14m more than they bought in the last 12 months. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS US$0.048 (vs US$0.17 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$207.8m (down 1.5% from 2Q 2020). Net income: US$8.50m (down 71% from 2Q 2020). Profit margin: 4.1% (down from 14% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jun 08
Chief Commercial Officer recently sold kr1.9m worth of stock On the 4th of June, Rune Bjorbekk sold around 51k shares on-market at roughly kr37.62 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • May 26
First quarter 2021 earnings released: EPS US$0.54 (vs US$1.69 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: US$218.9m (down 15% from 1Q 2020). Net income: US$97.5m (up US$410.1m from 1Q 2020). Profit margin: 45% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 26
New 90-day low: kr32.66 The company is down 8.0% from its price of kr35.32 on 27 November 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr73.58 per share. Is New 90 Day High Low • Jan 05
New 90-day high: kr40.20 The company is up 48% from its price of kr27.16 on 07 October 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr76.72 per share. Is New 90 Day High Low • Dec 08
New 90-day high: kr35.50 The company is up 19% from its price of kr29.90 on 09 September 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr71.48 per share. 
