Invitation to Q4 2010 presentation 22 February

10 February 2011 - BW Offshore will release its Q4 2010 results on Tuesday 22 February 2011 at 07:30 (CET). The company will host a presentation of the financial results at 09:00 (CET) the same day at 'Shippingklubben' (Haakon VII gt 1, Oslo, Norway). The presentation will be given by CEO Carl K. Arnet and CFO Knut R. Sæthre.

The presentation will be broadcasted via webcast, and will also be available for replay. Please visit www.bwoffshore.com for login-details.

For further information, please contact:
Kristian Flaten, VP Finance & Investor Relations, +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 16 FPSOs and 3 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 over 25 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