BW Offshore Ltd - Company Profile
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BW Offshore Ltd (BW Offshore) is a floating production services provider to the oil and gas industry. The company specializes in the design, development, and operation of oil and gas floating production, storage and offloading (FPSO) and floating, storage and offloading (FSO) vessels. It offers engineering, procurement, construction, and installation services (EPCI), operation and leasing of FPSOs and FSOs. BW Offshore fleet includes BW Pioneer, Yuum K’ak’Naab, BW Cidade De Sao Vicente, Cidade De Sao Mateus, Polvo and BW Athena, among others. The company has its presence in countries across Asia Pacific, the Americas, Europe and West Africa. BW Offshore is headquartered in Hamilton, Bermuda.
BW Offshore Ltd premium industry data and analytics
Products and Services
Services |
---|
Lease |
Installation services |
Operation services |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Asset Disposal | In September, the company completed the sale of Abo FPSO to STAC Marine Offshore Limited for US$20 million. |
2023 | Contracts/Agreements | In August, the company entered into an agreement with Nigerian Agip Exploration Ltd for Abo FPSO. |
2023 | Divestiture | In July, the company completed the sale of the FPSO Sendje Berge to a local FPSO owner and operator for US$15 million. |
Competitor Comparison
Key Parameters | BW Offshore Ltd | A.P. Moller - Maersk AS | SBM Offshore NV | Modec Inc | Teekay Corp |
---|---|---|---|---|---|
Headquarters | Bermuda | Denmark | Netherlands | Japan | Bermuda |
City | Hamilton | Koebenhavn K | Schiphol | Chuo-Ku | Hamilton |
State/Province | - | - | - | Tokyo | - |
No. of Employees | 1,521 | 105,909 | 5,935 | 5,225 | 2,100 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Andreas Sohmen-Pao | Chairman | Executive Board | 2014 | 52 |
Marco Beenen | Chief Executive Officer | Senior Management | 2019 | 53 |
Stale Andreassen | Chief Financial Officer | Senior Management | 2019 | 48 |
Kei Ikeda | Chief Operating Officer | Senior Management | 2019 | 52 |
Anders S. Platou | Chief Strategy Officer | Senior Management | 2023 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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