BW Energy Ltd 2020 AR2
The report highlights BW Energy's operational and financial performance for the fiscal year 2020, emphasizing its resilience during the COVID-19 pandemic. The company successfully listed on the Oslo Stock Exchange in February 2020, raising USD 121 million in net proceeds. Operationally, BW Energy achieved a gross production of 5.2 million barrels of oil from the Tortue field in Gabon with an 86% field uptime. In terms of sustainability, the company recorded a low greenhouse gas intensity of 11 kg CO2e per barrel produced at Dussafu, which is significantly below the global average. Additionally, the company pivoted its development strategy by acquiring jack-up rigs for conversion, reducing both capital costs and project emissions.
Company: BW Energy Ltd
Sector: Mining & quarrying
Country: Bermuda
Year: 2020
Type: AR2
Pages: 104
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BW Energy Ltd
Annual Report
The report highlights BW Energy's operational and financial performance for the fiscal year 2020, emphasizing its resilience during the COVID-19 pandemic. The company successfully listed on the Oslo Stock Exchange in February 2020, raising USD 121 million in net proceeds. Operationally, BW Energy achieved a gross production of 5.2 million barrels of oil from the Tortue field in Gabon with an 86% field uptime. In terms of sustainability, the company recorded a low greenhouse gas intensity of 11 kg CO2e per barrel produced at Dussafu, which is significantly below the global average. Additionally, the company pivoted its development strategy by acquiring jack-up rigs for conversion, reducing both capital costs and project emissions.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees