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BW Energy Ltd. ( (DE:6BW) ) has shared an announcement.
BW Energy reported a net production of 2.9 million barrels of oil in the second quarter of 2025, primarily from its operations in Gabon and Brazil. The company experienced a decrease in production compared to the previous quarter, with operational costs rising, particularly in the Golfinho field. This operational update may impact the company’s financial performance and investor sentiment.
More about BW Energy Ltd.
BW Energy is a growth-oriented exploration and production company focusing on proven offshore oil and gas reservoirs. The company employs a strategy of low-risk phased developments, utilizing existing production facilities to expedite time to first oil and cash flow with reduced investment compared to traditional offshore projects. BW Energy operates significant interests in various fields, including the Dussafu Marine license offshore Gabon and the Golfinho and Camarupim fields in Brazil.
Average Trading Volume: 90,219
Current Market Cap: NOK9.54B
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