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BW Energy: Mandatory notifications of trade by primary insiders and close associates

BW Energy
Mandatory notifications of trade by primary insiders and close associates


With reference is made to the announcement on 28 August 2023 and 07 September
2023, whereby BW Offshore Limited ("BW Offshore") announced information relating
to dividend payments.

Please see the attached notifications of trading for information of the
transactions concerning primary insiders in BW Energy and their close associates
in connection with the dividend distribution.


For further information, please contact:
Knut R. Sæthre, CFO BW Energy,
+47 91 11 78 76
ir@bwenergy.no
(https://www.globenewswire.com/Tracker?data=cwPnbjzvXLw4y1v2ucqwU6hgOu0xqH0HTp5g
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91AZujCPyuEBuYbz5uDCyqB3Sv66KpLLC63KIahm8Viav8o60ptzieuAKDUp05-
NF0ff63TSrXL5qZBpk9j-7m-d5vbVDvWCNn2jf-
KKLuiuedh5FDMRQhJ9Gzewh7c6UHZTYC5qyDD7VYVPlu2LKjOdv4Y4zaKLLjETcg-
4QBLUbYHMgP5Zbcfl3JoK6qOuOKeD4AgDak4O1e2n5AdE3XpbGYhw_wALib6c3XIr2bWs=)

About BW Energy: BW Energy is a growth E&P company with a differentiated
strategy targeting proven offshore oil and gas reservoirs through low risk
phased developments. The Company has access to existing production facilities to
reduce time to first oil and cashflow with lower investments than traditional
offshore developments. The Company's assets are 73.5% of the producing Dussafu
Marine Permit offshore Gabon, 100% interest in the Golfinho and Camarupim fields
in Brazil, a 65% interest in the BM-ES-23 block in Brazil, a 95% interest in the
Maromba field in Brazil and a 95% interest in the Kudu field in Namibia, all
operated by BW Energy. Total net 2P+2C reserves and resources were 546 million
barrels of oil equivalent at the start of 2023, when including the Golfinho
Cluster.

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