Policies

BW Offshore is dedicated to maintaining high standards of corporate governance. Corporate governance addresses the interaction between the shareholders, board of directors, management, employees and other stakeholders.

Maintaining high standards of corporate governance improves the quality of discussions and decisions by the corporate bodies and strengthens confidence among shareholders and the investor market, contributing to value creation.

See link for the latest version of the policy (March 2012).

Corporate Governance in BW Offshore

Dividend policy of BW Offshore:
“BW Offshore has an objective to generate competitive long-term total shareholder returns. This return will be achieved through sustainable growth and stable dividend payments. BW Offshore targets a payout ratio of 20-25 per cent of EBITDA. The level of dividends will be approved by the Directors on a quarterly basis.”