The Company would like to convene a special general meeting ("2016 SGM") for the purposes of passing resolutions, which are required in preparation for the Company's proposed rights issue as part of the establishment of a strengthened financial platform for the Company (please refer to the 1Q 2016 result presentation for details).
Knut R. Sæthre, CFO, +47 9111 7876
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 represented in all major oil regions world-wide. The company also operates additional 2 FPSOs. BW Offshore has a long track record on project execution and operations. In more than 30 years of production, BW Offshore has executed 38 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange. Further information is also available on www.bwoffshore.comThis information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.