BW Offshore Ltd 2021 AR2
The report outlines BW Offshore's strategic transition toward becoming a diversified offshore energy company in 2021. Key achievements include securing a 15-year contract for the Barossa FPSO in Australia and listing its floating wind subsidiary, BW Ideol, on Euronext Growth. Financially, the company recorded operating revenues of USD 829.3 million and an EBITDA of USD 401.3 million, while maintaining a 95% commercial uptime across its fleet. On sustainability, the company launched 'Project Evolve' to enhance safety culture following a fatal accident on the FPSO Espoir Ivoirien and initiated measures to eliminate single-use plastics and reduce greenhouse gas emissions.
Company: BW Offshore Ltd
Sector: Energy
Country: Bermuda
Year: 2021
Type: AR2
Pages: 163
BW Offshore Ltd
Annual Report
The report outlines BW Offshore's strategic transition toward becoming a diversified offshore energy company in 2021. Key achievements include securing a 15-year contract for the Barossa FPSO in Australia and listing its floating wind subsidiary, BW Ideol, on Euronext Growth. Financially, the company recorded operating revenues of USD 829.3 million and an EBITDA of USD 401.3 million, while maintaining a 95% commercial uptime across its fleet. On sustainability, the company launched 'Project Evolve' to enhance safety culture following a fatal accident on the FPSO Espoir Ivoirien and initiated measures to eliminate single-use plastics and reduce greenhouse gas emissions.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees