BW Offshore Ltd 2015 AR2
The report highlights BW Offshore's operational and financial performance for the fiscal year 2015. The company faced significant challenges, including a tragic gas explosion on the FPSO Cidade de Sao Mateus that resulted in nine fatalities. Despite this, BW Offshore maintained a production uptime of 99.0% (excluding Cidade de Sao Mateus) and progressed with its Catcher project in the UK North Sea. The company implemented an extensive cost reduction program to adapt to the prolonged downturn in the oil and gas sector. BW Offshore also continued its commitment to safety and environmental standards, maintaining certifications such as ISO 9001, ISO 14001, and OHSAS 18001.
Company: BW Offshore Ltd
Sector: Mining & quarrying
Country: Singapore
Year: 2015
Type: AR2
Pages: 41
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BW Offshore Ltd
Annual Report
The report highlights BW Offshore's operational and financial performance for the fiscal year 2015. The company faced significant challenges, including a tragic gas explosion on the FPSO Cidade de Sao Mateus that resulted in nine fatalities. Despite this, BW Offshore maintained a production uptime of 99.0% (excluding Cidade de Sao Mateus) and progressed with its Catcher project in the UK North Sea. The company implemented an extensive cost reduction program to adapt to the prolonged downturn in the oil and gas sector. BW Offshore also continued its commitment to safety and environmental standards, maintaining certifications such as ISO 9001, ISO 14001, and OHSAS 18001.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees