BW Offshore Limited (BWO) has today under a long-term bonus plan transferred
18 125 BWO shares to CEO Carl K. Arnet, 7 356 BWO shares to CFO Knut R. Sæthre,
3 611 shares to CCO Rune Bjorbekk, 1 806 BWO shares to COO Marco Beenen and
2 417 shares to Head of Projects Kei Ikeda. The transaction price was set at NOK
25 per share, which represents the average closing price following the end of
the period of the plan. The shares will be restricted until 1 June 2018.


Following  the above transactions, BWO will hold 15 312 shares in treasury. Carl
K.  Arnet and his  close associates will  hold 2 349 461 shares in  BWO, Knut R.
Sæthre  will hold 227 358 shares, Rune  Bjorbekk will hold 143 611 shares, Marco
Beenen will hold 29 806 shares and Kei Ikeda will hold 2 417 shares in BWO.

For further information, please contact:

Knut R. Sæthre, CFO, +47 911 17 876

IR@bwoffshore.com or www.bwoffshore.com



About BW Offshore:

BW  Offshore is a leading global provider of floating production services to the
oil  and gas  industry. BW  Offshore has  a fleet  of 15 owned FPSOs and one FSO
represented  in all major oil  & gas regions world-wide.  BW Offshore has a long
track  record  on  project  execution  and  operations. In more than 30 years of
production,  BW Offshore has  executed 38 FPSO and  FSO projects. The company is
listed on the Oslo Stock Exchange.



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