BW Offshore Ltd 2020 AR2
The report highlights BW Offshore's performance and sustainability initiatives for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company maintained a commercial uptime of 96.7% across its fleet of 15 FPSO units. Key milestones included the successful listing of BW Energy on the Oslo Stock Exchange and the establishment of an internal ESG Steering Committee to integrate sustainability into the corporate strategy. The company also announced plans to invest in floating offshore wind technology through BW Ideol. However, the year was marked by a tragic accident on the FPSO Espoir Ivoirien in early 2021 resulting in two fatalities, prompting a comprehensive safety investigation and the implementation of new safety measures.
Company: BW Offshore Ltd
Sector: Mining & quarrying
Country: Singapore
Year: 2020
Type: AR2
Pages: 154
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BW Offshore Ltd
Annual Report
The report highlights BW Offshore's performance and sustainability initiatives for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the company maintained a commercial uptime of 96.7% across its fleet of 15 FPSO units. Key milestones included the successful listing of BW Energy on the Oslo Stock Exchange and the establishment of an internal ESG Steering Committee to integrate sustainability into the corporate strategy. The company also announced plans to invest in floating offshore wind technology through BW Ideol. However, the year was marked by a tragic accident on the FPSO Espoir Ivoirien in early 2021 resulting in two fatalities, prompting a comprehensive safety investigation and the implementation of new safety measures.
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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
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees