Energy SpA - Director's Dealing 2022

BW Energy: Mandatory notifications of trade by primary insiders and close associates

Mandatory notifications of trade by primary insiders and close associates

Reference is made to the announcement on 18 November 2022 and 30 November 2022,

whereby BW Offshore Limited ("BW Offshore") announced information relating to

dividend payments.

Please see the attached notifications of trading for information of the

transactions concerning primary insiders in BW Energy and their close associates

in connection with the dividend distribution.

For further information, please contact:

Knut R. Sæthre, CFO BW Energy,

+47 91 11 78 76

[email protected] (https://www.globenewswire.com/Tracker?data=FBzeD0Z7m8huJ-

k3H3G4qrJ9kcpBdGvPuyjTWxurJwargfEQRJ-GAcV62NA-MkXC6J_OWZP_lcgCvRPmvOyy_A==)

(https://www.globenewswire.com/Tracker?data=VkPOEWxlLfA8QobeDUq4KkLBTmjnAZs_dsTF

U_0HWHV0tJ3lR4_P2lBPhdJMC5Zv)

About BW Energy:

BW Energy is a growth E&P company with a differentiated strategy targeting

proven offshore oil and gas reservoirs through low risk phased developments. The

Company has access to existing production facilities to reduce time to first oil

and cashflow 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 241 million barrels at the start of 2022.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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