BWO_Pareto_Conference_2016

The presentation contains an updated status of the order backlog where the backlog has been reduced with the optional periods of the Peregrino contract for Statoil in Brazil. Due to a change in the operating model Statoil has notified the Company that the Peregrino contract will not be extended after the current expiry. BW Offshore will support Statoil in the transition process until final handover in June 2017.