The latest announcement is out from BW Energy Ltd. ( (DE:6BW) ).
BW Energy reported record financial and operational performance for the fourth quarter and full year 2024, driven by increased oil production and successful project completions. With a focus on strategic growth, the company plans significant developments in its key offshore assets in Gabon, Brazil, and Namibia, aiming to further enhance production capacity and long-term value creation.
More about BW Energy Ltd.
BW Energy is a growth-focused exploration and production company specializing in proven offshore oil and gas reservoirs. The company employs a phased development approach to minimize risks and leverages existing production facilities for faster and more cost-effective oil production. BW Energy holds significant interests in multiple offshore fields, including the Dussafu Marine licence in Gabon and the Golfinho and Maromba fields in Brazil, as well as the Kudu field in Namibia.
YTD Price Performance: 13.40%
Average Trading Volume: 143
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €576.8M
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