BW Energy

Annual General Meeting 2025 - Minutes The Annual General Meeting 2025 of BW Energy Limited was held today.  Please see the attached document for the minutes of the meeting.» Mehr auf globenewswire.com

Successful handover of  BW Adolo operations to BW Energy Gabon SA BW Offshore Limited (“BW Offshore”) and BW Energy Limited (“BW Energy”) announce that, with effect from 20 May 2025, operations and maintenance (“O&M”) of the FPSO BW Adolo have been handed over to BW Energy's subsidiary, BW Energy Gabon SA (“BW Energy Gabon”). Under an amended bareboat charter, BW Offshore's subsidiary retains ownership of the unit and will continue to lease the FPSO to BW Energy Gabon on the same terms as previously agreed without the O&M services.» Mehr auf globenewswire.com

BW Energy First quarter results 2025  HIGHLIGHTS  Record Q1 EBITDA of USD 182.1 million, net profit of USD 83 million  Operational cash-flow of USD 154.7 million in the quarter  Q1 gross production of 4.2 mmbbls with 3.2 mmbbls net to BW Energy   Highest quarterly production since inception from the Dussafu licence   Maintained a strong balance sheet with cash position of USD 286.9 million  Substantial oil discovery in the Bourdon prospect  Maromba development FID unlocking path to more than doubling production and potential for future dividends  BW Energy, operator of the Dussafu Marin licence in Gabon and the Golfinho cluster offshore Brazil, reported a record quarterly EBITDA of USD 182.1 million for the first quarter of 2025. This was up 31% from USD 141.6 million in the previous quarter on increased oil sales following all-time-high production in Gabon and higher output in Brazil.» Mehr auf globenewswire.com