BW Energy Q2 net profit rises 64.42% to USD 43.9 million
Reuters2026/07/30 06:29- BW Energy posted Q2 revenue of USD 296 million, lifting net profit to USD 44 million.
- Operating cash flow hit a record USD 260 million, driving end-quarter cash to USD 254 million and total liquidity to USD 544 million.
- Net production averaged 25 kbopd, keeping 2026 guidance at 24-27 kbopd; unit OPEX was USD 24 per barrel.
- MaBoMo Phase 2 drilling started, with first oil expected in early 2027; Maromba and Golfinho Boost developments were described as on plan and budget.
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