BW Energy Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Carl Krogh Arnet
- Full Time Employees
- 705
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- Washington Mall Phase 2, 4th Floor, Suite 400, 22 Church Street Hamilton OH Bermuda HM 11
- IPO Date
- Jun 9, 2022
- Website
- bwenergy.no
- Similar Companies
- Business
- BW Energy Limited (BWEFF) is a Bermuda-domiciled, growth-focused exploration and production company engaged in the acquisition, development, and production of proven offshore oil and natural gas fields. The company operates a diversified portfolio of assets, including a 73.5% interest in the producing Dussafu Marin Permit offshore Gabon with fields such as Tortue, Ruche, West Tortue, East Tortue, and Bourdon; 100% interest in the Golfinho and Camarupim fields; a 76.5% interest in the BM-ES-23 block; a 95% interest in the Maromba field; and a 95% interest in the Kudu field offshore Namibia, all primarily operated by BW Energy. It leverages in-house expertise in reservoir management, geosciences, drilling, completions, production engineering, field operations, and FPSO integration, alongside repurposed infrastructure from affiliate BW Offshore, to deliver low-cost, phased developments targeting quick first oil and cash flow. Founded in 2016 as the exploration and production arm of BW Offshore and listed on the Oslo Stock Exchange in February 2020, BW Energy is headquartered in Hamilton, Bermuda, and maintains representation across major oil and gas regions in Africa, the Americas, Asia, and Europe, with a subsidiary of BW Group Limited holding a 74% ownership stake. The company targets offshore hydrocarbon reservoirs with upside potential, serving global energy markets through efficient extraction and sustainable operations. Total net 2P+2C reserves and resources stood at 580 million barrels of oil equivalent at the start of 2024. Recent developments include the final investment decision (FID) on the transformative Maromba project in Brazil, set to drive industry-leading production growth toward 90,000 barrels per day by 2028; FID on the Golfinho Boost project, incorporating subsea upgrades with Electrical Submersible Pumps, well reopenings, and FPSO enhancements to boost recoverable reserves by approximately 12 million barrels and reduce operating expenses; and progression toward FID on the Bourdon development in Gabon following the MaBoMo model, with four additional production wells planned. In 2025, BW Energy reported strong third-quarter operational performance with high uptime, successful completion of the Kharas-1A appraisal well in Namibia's Kudu field, and acquisition of a jack-up rig for conversion into a wellhead and drilling platform for Brazilian assets. Strategically, it completed acquisitions of shares in Reconnaissance Energy Africa in 2024, alongside a farmout agreement via subsidiary BW Energy Rundu Limited and a follow-on C$2 million equity investment in 2025, increasing its stake to approximately 7.6% and deepening partnerships in Namibia.
BW Energy Limited to Present at the Oil & Gas Virtual Investor Conference April 16th
BW Energy Limited (BWERY) Q4 2025 Earnings Call Transcript
BW Energy: Q4 2025 operational update
BW Energy: Signs long-term lease for the Maromba drilling and wellhead platform
BW Energy: Provides second update on Kudu appraisal well
BW Energy: Update on Kudu appraisal well
BW Energy Limited (BWERY) Q3 2025 Earnings Call Transcript
BW ENERGY: THIRD QUARTER RESULTS 2025
BW Energy: Invitation to Q3 2025 results presentation 28 October
BW Energy: Activity related to Block 14/14K offshore Angola
BW Energy announces changes to the Executive Management team
BW Energy: Company Presentation Pareto Securities' Energy Conference 2025
BW Energy: Long-Term Incentive Program – new awards
BW Energy strengthens liquidity with USD 250 million Revolving Credit Facility
BW Energy: Second quarter and first half 2025 results
BW Energy contracts Deepsea Mira for drilling Kudu appraisal well
BW Energy: Invitation to Q2 2025 and half-year results presentation 01 August
BW Energy: Second quarter 2025 operational update
BW Energy: Update on Fixed Income Investor Meetings
BW Energy: Company presentation Fearnley Securities Africa Focused E&P seminar