Shelf Drilling Ltd 2020 AR2
The report highlights Shelf Drilling's operational and financial performance for the fiscal year 2020, emphasizing its response to the COVID-19 pandemic. The company achieved a Total Recordable Incident Rate (TRIR) of 0.19, matching its best-ever safety performance, and recorded a historic high fleetwide operational uptime of 99.4%. Financially, Shelf Drilling generated $585 million in revenue and $200 million in Adjusted EBITDA despite severe market challenges. On the environmental front, the company expanded its emissions reporting to include Scope 1, 2, and 3 emissions, and successfully prevented 6,097 tonnes of CO2e through rig recycling and equipment reuse.
Company: Shelf Drilling Ltd
Sector: Mining & quarrying
Country: United Arab Emirates
Year: 2020
Type: AR2
Pages: 193
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Shelf Drilling Ltd
Annual Report
The report highlights Shelf Drilling's operational and financial performance for the fiscal year 2020, emphasizing its response to the COVID-19 pandemic. The company achieved a Total Recordable Incident Rate (TRIR) of 0.19, matching its best-ever safety performance, and recorded a historic high fleetwide operational uptime of 99.4%. Financially, Shelf Drilling generated $585 million in revenue and $200 million in Adjusted EBITDA despite severe market challenges. On the environmental front, the company expanded its emissions reporting to include Scope 1, 2, and 3 emissions, and successfully prevented 6,097 tonnes of CO2e through rig recycling and equipment reuse.
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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
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Workplace Fatalities
Employees