From GlobeNewswire: 2025-04-15 01:30:00

BW Energy will release operational and financial figures for Q1 2025 on May 5, 2025, in Oslo. Net production in Q1 was 3.2 million barrels of oil, with 73.5% coming from the Dussafu license in Gabon and the rest from the Golfinho field in Brazil. Dussafu saw record quarterly production and an ongoing takeover of FPSO operations. Golfinho had an inventory of 597,750 bbls, with a final investment decision made for the Golfinho Boost project. BW Energy expects to announce a decision on the Maromba development project soon. The company’s hedging, liquidity, and debt positions are stable, with a period-end cash balance of USD 286 million.



Read more at GlobeNewswire: BW Energy: Q1 2025 operational update