1) Includes firm backlog of USD 2.8 billion and options deemed likely to be exercised as at 30 June 2020
Safety first and "zero harm" focus in all operations
Fleet uptime
HSE record (LTM)
Covid-19 status
96%
98%
100%
99%
100% 100%
99%
97%
99%
Q2 18 Q3 18 Q4 18
Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20
5,0
• Proactively taking steps to keep people
and assets safe
LTI (1)
TRI (2)
HPI (3)
4,0
•
Risk management, planning and
procedures in place to manage
3,0
operational impact
2,0
•
Virus outbreaks on four of 11 deployed
FPSOs to date
1,0
• Crew-change and deep-clean
completed within 7 days on all
units
0,0
•
Limited impact on commercial
Q2 18Q3 18Q4 18Q1 19Q2 19Q3 19Q4 19Q1 20Q2 20
uptime
Lost time injuries per million man-hours.
Total recordable incidents per million man-hours.
High potential incidents per million man-hours.
3
BW Offshore's strategic development
2019
2020
2021 -
Record revenue and EBITDA
Completed group debt refinancing
Strengthened financial flexibility
Management change
BWE energy spin-off preparations
BWE listed as separate company in February
Re-introducingshareholder returns
Selective business development targeting long-terminfrastructure-like contracts
Positioning for FIDs in 2021
4
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BW Offshore Limited published this content on 16 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2020 05:59:04 UTC
BW Offshore Limited is a Bermuda-based holding company that owns and operates oil and gas floating, production, storage and offloading vessels (FPSOs). The Companyâs activities are construction, leasing and operation of FPSOs as well as offshore floating wind. The Company has a fleet of approximately six FPSOs, operating in Africa, Europe, Southeast Asia & Oceania, and the Americas. The Company's owned fleet includes vessels, such as Abo FPSO, BW Adolo, Petroleo Nautipa, BW Catcher, BW Pioneer and FPSO Polvo. The Companyâs subsidiaries include Berge Carmen Singapore Pte Ltd, Bergesen Worldwide Mexico, S.A. de C.V., Bergesen Worldwide Offshore Mexico S. de RL de CV, BW Abo Pte Ltd, BW Berge Helene Pte Ltd, BW Offshore (UK) Limited, Prosafe Production B.V., Tinworth Pte Ltd, Tinworth France SAS, BW Offshore SPV Bermuda I Limited, BW Offshore Shipholding Pte Ltd, BW Adolo Pte Ltd and BW Offshore EPC FZCO.
BW OFFSHORE LIMITED 
