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12 June 2023 BW Offshore has today closed the transaction for the sale of the FPSO Espoir Ivoirien to its client for a total consideration of USD 20 million. Following the transaction, BW Offshore will provide transitional O&M (Operations and Maintenance) services for a period of up to five months. Short-term contract extension for Espoir Ivoirien 11 June 2023 BW Offshore has signed a short-term extension for the lease and operation of the FPSO Espoir Ivoirien in order to discuss a potential purchase of the FPSO by the client. The firm period has been extended until 15 June 2023. About BW Offshore: BW Offshore engineers innovative floating production solutions. The Company has a fleet of 7 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 2,000 employees and is publicly listed on the Oslo Stock Exchange. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. 
FPSO Espoir Ivoirien. Image by BW Offshore BW Offshore press release 
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