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Invitation to Company update - Oil & Gas segment

BW Offshore will host a presentation with main focus on the company's field development activities through the joint venture company BW Energy and the planned development of the Dussafu field offshore Gabon.

The presentation will be held 8 January 2018 at 13:00 CET at The Thief, Landgangen 1 in Oslo, Norway and will be hosted by CEO Carl K. Arnet and Lin Espey, Managing Director of BW Energy.

The presentation will be broadcasted via webcast, and will also be available for replay. Please visit www.bwoffshore.com for details.

For further information, please contact:

IR@bwoffshore.com

About BW Offshore:

BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore has a fleet of 15 owned FPSOs and one FSO represented in all major oil & gas regions world-wide. 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 available on www.bwoffshore.com.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.