BW Offshore: Short-term extension for BW Pioneer

Group 1 - BW Offshore has signed a short-term extension agreement for the FPSO BW Pioneer with a subsidiary of Murphy Oil Corporation until 25 March 2025, maintaining current terms [1] - The extension allows for the completion of administrative processes necessary for finalizing the sale [1] Group 2 - BW Offshore specializes in innovative floating production solutions and operates a fleet of 3 FPSOs, with ambitions for growth [2] - The company has approximately 1,100 employees and is publicly listed on the Oslo stock exchange [2]