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Explosion onboard FPSO Cidade de São Mateus

This statement is updated as of 20:00 (local time) and will be kept updated as we monitor the situation.

At 12:50 hrs today an explosion occurred onboard the Floating Production Storage and Offloading (FPSO) unit Cidade de São Mateus, operating on the Camarupim and Camarupim Norte fields in Espirito Santo littoral approximately 120 km from the coast. Based on information we have at present, three fatalities have been confirmed. Ten others sustained injuries. Petrobras triggered the emergency response and relevant authorities have been informed. Production has been stopped and the unit has been shut down. The unit is operated for Petrobras by BW Offshore.
For further information, please contact
Benito Ciriza, BW Offshore, +55 21982979351

Torfinn Buarøy, BW Offshore, +47 91 66 02 52

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)