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BW Energy Limited (BWERY) Q1 2026 Earnings Call Transcript
2026-05-22 · via All Articles on Seeking Alpha

BW Energy Limited (BWERY) Q1 2026 Earnings Call May 20, 2026 3:30 AM EDT

Company Participants

Martin Simensen
Carl Arnet - Chief Executive Officer
Brice Morlot - Chief Operating Officer
Jerome Bertheau - Chief Technical Officer
Thomas Young - Chief Financial Officer
Martin Simensen - Vice President of Investor Relations

Conference Call Participants

Teodor Nilsen - Sparebank 1 Markets AS, Research Division
Steffen Evjen - DNB Carnegie, Research Division

Presentation

Martin Simensen

Okay. Good morning, everyone. Pleasure seeing you here live at Hotel Continental in Oslo, and also welcome to you who are following us on stream. My name is Martin Simensen. I'm Head of Investor Relations in BW Energy, and I'll take you through the Q&A session later. But first, we have a large part of our management team here today traveling in from Lisbon. So they'll take you through the Q1 2026 and strategy updates. So please save up some questions for them after the presentation.

And with that, I'll leave the word to our CEO, Carl Arnet.

Carl Arnet
Chief Executive Officer

Again, warm welcome to this presentation of first quarter, and we have added a small update on our activities. So please note our disclaimer as usual. So today will be hosted by, first, our Chief Operating Officer, Brice Morlot, that will take you through the operational update. Then Jerome Bertheau will take you through the Maromba update. And then Thomas Young will round it off with the financial update.

I will have the pleasure of taking you through a little lead-in where I boast about our exploits, of course. And then Martin will be taking care of the -- or he will be the moderator for the questions, Q&A.

So first quarter, all projects on plan and cost. We have been able to sanction Bourdon and new Golfinho wells, and we have