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Financial calendar 2012

BW Offshore will publish its financial reports on the following dates in 2012.

Q4 2011: 14 February
Q1 2012: 11 May
Q2 2012: 30 August
Q3 2012: 22 November

The financial reports will be released before the opening of the Oslo Stock Exchange, and will be followed by a presentation (including webcast). Further information will be given ahead of each report.

The Annual General Meeting will take place on 9 May. Notice will be given in due course.

BW Offshore reserves the right to revise the dates.

For further information, please contact:
Kristian Flaten, Vice President IR and Corporate Finance, +47 9509 2322

About BW Offshore:
BW Offshore is a leading global provider of floating production services to the oil and gas industry. With the acquisition of Prosafe Production in 2010, the company has become the world's second largest contractor with a fleet of 15 FPSOs and 2 FSOs represented in all major oil regions world-wide. BW Offshore has an excellent track record on project execution and operations, as well as a robust balance sheet and strong financial capabilities. In 30 years of production, BW Offshore has successfully executed more than 30 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange. Further information is also available on www.bwoffshore.com

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