Norway, March 7 -- The Board of Directors of BW Offshore Limited ("BWO" or the "Company") has approved new awards under the Long-Term Incentive Programme (LTIP) adopted in 2024. The programme is a combination of Share Options and Restricted Share Unit (RSUs), aimed to align the interests of the participating employees with those of the Company's shareholders. The programme is discretionary, and participants are invited on an annual basis.The total number of options awarded under the LTIP for 2025 is 800,000 where each option will give the holder the right to acquire one BW Offshore share. A total of 6 BW Offshore employees have been invited to participate in the Share Option Programme.The strike price of the options is calculated based on t...