FilingReader Intelligence
BW Energy reports $281m EBITDA, major oil discovery
August 1, 2025 at 05:23 AM UTC•By FilingReader AI
BW Energy reported H1 2025 net production of 6.2 million barrels, exceeding guidance, with EBITDA of $281.1 million and net profit of $109.7 million.
The company made a substantial 25 million barrel oil discovery at the Bourdon prospect and announced final investment decisions on Maromba and Golfinho Boost projects.
Cash position stood at $192.9 million as of June 30, 2025. The company maintains 2025 production guidance of 11-12 million barrels.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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