BW Offshore
From Wikipedia, the free encyclopedia
| BW Offshore ASA | |
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| Type | Public |
| Founded | 1982 |
| Headquarters | Oslo, Norway |
| Key people | Svein Moxnes Harfjeld (CEO) |
| Industry | Petroleum |
| Products | FPSO |
| Revenue | USD 51 million (2005) |
| Operating income | USD 6.3 million (2005) |
| Net income | USD 2.8 million (2005) |
| Website | www.bwoffshore.com |
BW Offshore (OSE: BWO), previously known as Bergesen Worldwide Offshore is a Norwegian operator of Floating Production Storage and Offloading (FPSO). The company is part of the Bergesen Worldwide Group and is listed on Oslo Stock Exchange. The company has its headquarters in Oslo, Norway but operates internationally.
The company has operations in Malaysia, Mauritania, Mexico, Nigeria and Russia with a total of nine FPSO vessels.
[edit] History
Bergersen Worldwide Offshore was originally part of the company Bergesen d.y. ASA who acquired its first FPSO Berge Sisar in 1982 and installed it off Angola. Since then acquired numerous FPSO's until 2001 when it left the North Sea and entered exclusively other areas. In 2003 Bergersen was merged with World-Wide Shipping and became Bergersen Worldwide. The company was listed on Oslo Stock Exchange in 2005.
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