About BW Energy
BW Energy is a growth-focused oil and gas company involved in the acquisition, development and production of proven oil and natural gas field.
Currently, our company holds majority interests in three hydrocarbon licenses in Gabon, Brazil and Namibia. BW Energy is represented in all major oil and gas regions worldwide in Africa, the Americas, Asia and Europe. BW Energy has its beginnings as the E&P arm of Oslo-listed BW Offshore, a company with over 35 years of production track record and a fleet of 15 owned FPSOs.
BW Energy has access to existing FPSOs to reduce time to first oil and cash flow with lower investments than traditional offshore developments. The main assets are 73.5% of the producing Dussafu Marine Permit offshore Gabon and a 95% interest in the Maromba field in Brazil, both operated by the company. Total net 2P+2C reserves were 247 million barrels at the start of 2020.
The company is listed on the Oslo Stock Exchange under the ticker code BWE.
BW Group owns 38% of the shares in the company.