BW Energy aims to triple output to 90,000 BPD through organic growth and strategic expansion
BW Energy Limited SVP Finance and Accounting Ali Athar joined Steve Darling from Proactive’s OTC studio in New York City to discuss the company’s ambitious growth strategy and international expansion plans as it positions itself for a major production increase over the next three years. Athar explained that BW Energy, a Norwegian-listed upstream oil and gas company, operates across Brazil, Gabon, and Namibia, with additional infrastructure projects in China and Dubai. The company currently produces about 34,000 barrels of oil per day, but Athar said BW Energy is “targeting significant growth” to approximately 90,000 barrels per day through a combination of organic development, exploration success, and strategic acquisitions. He outlined that organic growth remains central to BW Energy’s strategy, with active drilling underway in Namibia’s Kudu license, located near some of the region’s most notable recent discoveries. In addition, the company is exploring mergers and acquisitions opportunities, including potential expansion into Angola’s Block 14/14K, as part of its broader plan to diversify its portfolio and strengthen production capacity. Speaking from New York, Athar emphasized that while BW Energy’s primary listing is on the Oslo Bourse, its recent OTC market debut marks an important milestone in expanding the company’s U.S. investor base. “This is just our first step into the market,” he said. “We want to ensure transparency, visibility, and share more of our growth story with investors in the United States.” Athar added that BW Energy’s disciplined approach to growth, supported by operational efficiency and strong financial performance, positions the company to capitalize on global demand for responsibly produced energy while driving long-term shareholder value. #proactiveinvetors #otcqx #otcqb #bweff #BWEnergy #OilAndGas #EnergyGrowth #NamibiaOil #BrazilEnergy #AfricanEnergy #OTCMarkets #Investing #OilExploration #EnergyStocks #ProactiveInvestors #OilProduction #GlobalExpansion #EnergySector #OilCompany
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