Perdana Petroleum Berhad 2021 AR2
The report outlines Perdana Petroleum Berhad's performance during the 2021 fiscal year, highlighting the severe impact of the COVID-19 pandemic on its offshore support vessel operations. To improve financial resilience, the company undertook a major restructuring of its operating assets, resulting in significant impairment losses on fleet assets and trade receivables. Despite these challenges, the company achieved a milestone of zero loss time injury cases, amassing over 1.6 million LTI-free manhours. Additionally, the company initiated a fleet renewal exercise to transition to more modern, efficient vessels with reduced carbon emissions.
Company: Perdana Petroleum Berhad
Sector: Transport & logistics
Country: Malaysia
Year: 2021
Type: AR2
Pages: 176
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Perdana Petroleum Berhad
Annual Report
The report outlines Perdana Petroleum Berhad's performance during the 2021 fiscal year, highlighting the severe impact of the COVID-19 pandemic on its offshore support vessel operations. To improve financial resilience, the company undertook a major restructuring of its operating assets, resulting in significant impairment losses on fleet assets and trade receivables. Despite these challenges, the company achieved a milestone of zero loss time injury cases, amassing over 1.6 million LTI-free manhours. Additionally, the company initiated a fleet renewal exercise to transition to more modern, efficient vessels with reduced carbon emissions.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Apr 20, 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
Women on Board
Women in Management
Employees