The FPSO will be modified to fulfill client specific requirements prior to conducting well testing on the UK sector. BW Carmen is set to commence operation as an Anti Pollution Testing Vessel (APTV) within August 2008. The vessel will be available for new opportunities towards the end of this year.

For further information, please contact:

Svein Moxnes Harfjeld, CEO, BW Offshore, +47 4140 4886
Knut R. Sæthre, CFO, BW Offshore, +47 9111 7876