Safe operations and high uptime is not only a requirement but an obligation for BW Offshore to clients and employees. We have seen the terrible consequences of failure and are even more relentless in our focus and commitment to class leading Health, Safety, Security and Environmental (HSSE) standards combined with class leading asset integrity management. BW Offshore is a significant offshore employer in all the countries where it operates, providing local opportunities as well as access to an international talent pool of more than 1 300 professionals with production and marine backgrounds.
EXPERIENCE AND RESULTS
With an average up time routinely at 99% over the past five years, BW Offshore exceeds client expectations but recognises internally that uptime must never be the priority over safe operations. More than 600,000 barrels of oil equivalent in daily volume is handled by 12 FPSOs in areas as diverse as West Africa, the South Atlantic off Brazil, the Gulf of Mexico, the North Sea and South East and Far East Asia. The profile is highly sophisticated dis-connectable FPSOs and test production units that are frequently relocated at the client’s request. The high quality and consistent performance generates solid cash flow for clients.
COMPETENT AND MOTIVATED WORKFORCE
BW Offshore’s operational performance requires a highly qualified, competent and dedicated technical support and logistics service staff. A strong network of onshore in-country offices ensuring operational support linking the units to shore. BW Offshore’s work ethic and culture, high level of experience and competence, global work opportunities and challenging class leading assignments requires the Group to be an attractive employer. Global recruitment centers and manning supply partners attract and select best in class candidates for fleet positions offshore from New Zealand, the Philippines, India, Africa, Brazil, Norway, the UK, Russia and Latvia. BW Offshore’s international pool of manpower allows for global rotation of talent based on required competence. There is high commitment to deployment of local content in countries where the Group operates with a heavy investment in training and development of native personnel. BW Offshore culture of ‘can do’ is fused with a strong recognition that each and every employee is mandated to question the safety and method in what we do.
OPERATIONS AND MAINTENANCE EXPERTISE
BW Offshore is from time to time provided Operations & Maintenance (O&M) services to FPSOs built, owned or leased by clients. BW Offshore makes a solid partnering choice for clients wanting to outsource the technical competence to run and operate these complex units. With an existing operational network to leverage, the Group offers synergies that are difficult for a client to achieve on a stand-alone basis. Well established infrastructure, manning pools and supply chain networks are some immediate advantages to clients in addition to the familiarity with regulatory requirements, technical maintenance and life-cycle cost management offered by BW Offshore
CAPTURING LIFE EXTENSION and redeployment OPPORTUNITIEs
Modifications of existing FPSOs in site to extend production or redeployment can unlock significant value for clients and BW Offshore. BW Offshore’s project and engineering expertise makes this possible. Working closely with client teams, BW Offshore has set up internal teams specifically for this purpose, combining competent project and operations staff from across the organisation. Managing modifications and upgrades on live producing units calls for specialised competence as safety related and economic risks multiply compared to projects run on site in a shipyard. BW Offshore is today looking at life extension scenarios of up to 20-25 years in addition to the initial 10-year term. Maintaining asset integrity in such scenarios represents some of the most advanced technical execution challenges in the business. Being able to redeploy a unit with minimal modifications can unlock development and create significant value even at low oil price scenarios. Matching the field requirements with the capabilities of existing assets, is a key competency in BW Offshore’s engineering and operations staff.