BW Offshore Ltd 2019 AR2
The report highlights BW Offshore's strong operational and financial performance in 2019, achieving a 99.6% commercial uptime across its FPSO fleet and record revenues of USD 1,153 million. Key milestones included the successful exploration drilling at the Dussafu field in Gabon, which significantly increased 2P reserves, and the acquisition of the Maromba field in Brazil. The company also prepared its subsidiary, BW Energy, for a separate listing on the Oslo Stock Exchange, which was completed in February 2020. On the sustainability front, BW Offshore recorded a significant decline in High Potential Incidents (HPI) and maintained its commitment to a 'zero harm' objective for personnel and the environment.
Company: BW Offshore Ltd
Sector: Mining & quarrying
Country: Singapore
Year: 2019
Type: AR2
Pages: 134
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BW Offshore Ltd
Annual Report
The report highlights BW Offshore's strong operational and financial performance in 2019, achieving a 99.6% commercial uptime across its FPSO fleet and record revenues of USD 1,153 million. Key milestones included the successful exploration drilling at the Dussafu field in Gabon, which significantly increased 2P reserves, and the acquisition of the Maromba field in Brazil. The company also prepared its subsidiary, BW Energy, for a separate listing on the Oslo Stock Exchange, which was completed in February 2020. On the sustainability front, BW Offshore recorded a significant decline in High Potential Incidents (HPI) and maintained its commitment to a 'zero harm' objective for personnel and the environment.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees