BW Offshore is pleased to announce that Ms. Clare Spottiswoode CBE* has been appointed a Director of BW Offshore Limited with effect from 27 August 2013.
Ms. Spottiswoode has significant management and board level experience, and has since 1995 held non-executive positions in a range of large and small businesses spanning a number of industries including energy, technology and financial services. She has experience as a non-executive director of G4S plc, Tullow Oil plc and Magnox Limited. She was recently appointed non-executive director of Royal Bank of Canada's London-headquartered European subsidiary. Ms. Spottiswoode also served as Director General of Ofgas, the regulator of the gas industry in the United Kingdom from 1993 to 1998, and was instrumental in introducing competition into energy markets.
A mathematician and an economist by training, Ms Spottiswoode began her career at HM Treasury, the United Kingdom's economic and finance ministry.
The Board of Directors of BW Offshore Limited has by this increased from five to six Directors, and now consists of the following Directors:
Dr. Helmut Sohmen, Chairman
Mr. Ronny Johan Langeland, Vice Chairman
Mr. Christophe Pettenati-Auzière
Mr. Maarten R. Scholten
Mr. Andreas Sohmen-Pao
Ms. Clare Spottiswoode
(*) Commander of the Order of the British Empire
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. 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 37 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.