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BW update on Speculation related to the acquisition of Golfinho

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BW Energy notes the continued press speculation regarding a potential of acquisition by the Group of the Golfinho field in Brazil, which Petrobras has in their divestment program. BW Energy confirms having discussions with Petrobras for a potential purchase of the Golfinho Cluster offshore Brazil. This is part of the Group’s continuous consideration of opportunities to acquire assets in line with the stated strategy. The Group can neither confirm nor deny that a transaction will take place at this time.

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