BW Offshore Ltd 2022 AR2

The report highlights BW Offshore's progress in 2022, including advancing its largest FPSO project, Barossa (BW Opal), which reached over 50% completion with 8.6 million man-hours worked without injuries. The company continued its transition to a diversified offshore energy company by divesting non-core conventional FPSOs for recycling or sale, and expanding its floating offshore wind presence through its 53.2% ownership of BW Ideol. Financially, the company recorded operating revenues of USD 774.1 million and a net profit of USD 129.5 million. On the environmental front, BW Offshore reduced its Scope 1 emissions to 13.3 thousand tonnes of CO2e and achieved zero significant oil spills.

Company: BW Offshore Ltd

Sector: Energy

Country: Bermuda

Year: 2022

Type: AR2

Pages: 172

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BW Offshore Ltd

BW Offshore Ltd 2022 Annual Report

Annual Report

The report highlights BW Offshore's progress in 2022, including advancing its largest FPSO project, Barossa (BW Opal), which reached over 50% completion with 8.6 million man-hours worked without injuries. The company continued its transition to a diversified offshore energy company by divesting non-core conventional FPSOs for recycling or sale, and expanding its floating offshore wind presence through its 53.2% ownership of BW Ideol. Financially, the company recorded operating revenues of USD 774.1 million and a net profit of USD 129.5 million. On the environmental front, BW Offshore reduced its Scope 1 emissions to 13.3 thousand tonnes of CO2e and achieved zero significant oil spills.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

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