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BW Offshore signs contract with Shell U.K. Limited

(Bermuda, 28 August 2009):  BW Offshore has signed a short term charter contract for the FPSO BW Carmen with Shell U.K. Limited.
 
The vessel will support a pipeline cleaning operation in a decommissioning project in the UK sector of the Southern North Sea. The start date for the contract is mid-September, and the vessel is scheduled to be available for new opportunities from mid-October.
 
For further information, please contact:
Carl K. Arnet, CEO BW Offshore, +65 9630 3290
Knut R. Sæthre, CFO BW Offshore, +47 9111 7876
 
 
 
BW Offshore is one of the world`s leading FPSO contractors and a market leader within advanced offshore loading and production systems to the oil and gas industry. BW Offshore has more than 25 years' experience and has successfully delivered 14 FPSO projects and 50 turrets and offshore terminals. BW Offshore's technology division APL has delivered solutions for production vessels, storage vessels and tankers in a wide range of field developments. Adapting through competence, in-house technology, solid project execution and operational excellence, BW Offshore ensures that customer needs are met through versatile solutions for offshore oil and gas projects. BW Offshore has a global network with offices in Europe, Asia Pacific, West Africa and the Americas. BW Offshore has 1,200 employees and is listed on the Oslo Stock Exchange. For more information, please visit www.bwoffshore.com and www.apl.no.