BW Offshore

BW Offshore engineers innovative floating production solutions to progress the future of energy.

We are committed to contributing to the energy transition by developing low-carbon offshore energy production solutions.

We have a fleet of core FPSOs, and our goal is to create tailored energy solutions for evolving global markets.

With more than four decades of experience in operating advanced offshore production systems and executing complex projects, we have cultivated a culture of thorough engineering, trust and teamwork throughout the organisation.

We have an extensive track record of project execution and operations, as well as a robust balance sheet and strong financial capabilities. BW Offshore has executed 40 FPSO and FSO projects.

BW Offshore have main offices in Singapore and Oslo and are listed on the Oslo Stock Exchange under the ticker code BWO.

BW Group owns 49.9% of the shares in the company.

6
FPSOs
40
Executed Projects
1500+
Employees
54
Nationalities
0.22
LTI Rate
BW Opal at BW Offshore

Progressing the Future
Building a large gas FPSO

In 2021, BW Offshore signed a contract to build an FPSO to be operated on the Barossa gas field, which is located 300 kilometres offshore Darwin in northern Australia.

The unit for the Barossa gas field will be a large FPSO with processing capacity for up to 800 million standard cubic feet per day (MMSCFD) of gas and design capacity of 11,000 barrels per day of stabilised condensate. The FPSO will be turret moored with a newbuilt hull based on BW Offshore’s RapidFramework® design.

The innovative Rapid Framework® concept is based on experience from the development of the Catcher FPSO in 2017, allowing for concurrent hull construction and topside integration by removing interdependencies during construction phase. The robust design can accommodate the most advanced topsides. For Barossa, the topside weight is expected to be approximately 35,000 tons.

A BW hat on a beach in Gabon

Safe, Sustainable and Highly Efficient
Sustainability at BW Offshore

BW Offshore aspires to achieve sustainable development by striking a fair balance between value creation, sustainability, financial results and corporate responsibility. At every stage of every process, a systematic approach to risk management is taken, to identify, assess and mitigate these risks.

BW Offshore takes part in a value chain providing safe and affordable energy supply – an important factor for economic growth in both developed and developing economies.

We have an established framework for risk management, ensuring safe and effective operations by adhering to a Zero Harm policy and by minimising environmental impact and unnecessary use of resources. As a responsible and inclusive employer, BW Offshore makes a positive contribution to local job creation and development.

Sunset view from onboard an FPSO

New Ventures and Technology
Building a substantial and growing position in offshore renewable energy infrastructure

BW Offshore is committed to contributing to the energy transition by developing low-carbon offshore energy production solutions. We are applying four decades of experience in the energy sector, with extensive innovation and financing capabilities, to develop floating energy solutions and offshore renewable power production at industrial scale.

Political and financial commitments to reducing the carbon intensity of global energy systems continue to gain momentum, using solutions such as floating wind, hydrogen, ammonia and carbon capture.

For us, this includes combining existing FPSO and floating wind capabilities to develop and deploy clean offshore energy production and develop new adjacent business areas. These may include low-carbon FPSOs powered by floating wind or floating gas-to-power plants.

BW Offshore are looking into several areas of renewable energy that fit well with our existing business of operating FPSOs, and where we believe we can leverage already existing capabilities within our organisation

Our people at BW Offshore

Working at BW Offshore
We welcome and foster a culture of creativity and curiosity

We work as a team, but we look after you individually. We create opportunities for personal growth and career advancement within the organisation. We value our people and want to make you feel valued. We are here, to support and encourage you, every step of the way.

The values are called We LEAD with Integrity, which emphasise our core value of collaboration to achieve excellent results without ever compromising our integrity. The goal is to empower people in all parts of the organisation to take ownership, identify solutions, drive results and be leaders in their own right.

Contact us for more information about BW Offshore.