Swire Pacific Offshore

COMPANY PROFILE

2015

SWIRE PACIFIC OFFSHORE

+65 6309 3600 | www.swire.com

High sustainable standards Editorial: Rosie DeWinter

© Triya

September proved to be a busy month for Swire Pacific Offshore (SPO), with the delivery of its fourth G-Class series Platform Supply Vessel, Pacific Grackle. Joining SPO’s growing and impressive fleet of vessels, it is hoped this new addition will prove to be a valuable asset in providing a reliable and efficient service for the company’s global client base.

In April this year, Swire Pacific Offshore (SPO) was awarded the SRS Shipowner of the Year at the Singapore International Maritime Awards held at The Ritz-Carlton, Millennia Singapore.

Set to recognise individuals and

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companies for their contributions to Singapore’s development as a premier global hub port and international maritime center, it is held during the prestigious Singapore Maritime Week (19th-24th April).

Neil Glenn, Managing Director at

Swire Pacific Offshore said of the award: “Winning the SRS Shipowner of the Year award is a great honour for SPO as we celebrate our 40th anniversary this year. I would like to thank the MPA and their distinguished panel of judges for the award and take

SWIRE PACIFIC OFFSHORE

ards Holdings

© Swire Pacific Offshore this opportunity to thank all the teams at SPO, at sea and ashore, for their hard work, dedication and contribution to the success of the company.”

A subsidiary of one of Hong Kong’s largest employers, Swire Pacific, SPO is a leading provider within the offshore oil and gas industry with more than 35 years of experience within the operations field. Boasting a strong global footprint, the company is now present in all major oil exploration regions outside the USA with offices in Brazil, Norway, Angola, Australia and Scotland.

Its recent accolade at the Singapore International Maritime Awards is

“Winning the SRS Shipowner of the Year award is a great honour for SPO as we celebrate our 40th anniversary this year”

a first for SPO and recognises the company’s 40th anniversary celebrations. In light of this industry milestone, SPO lined up a number of engagement programs and community projects, hosting two exclusive guided tours for 50 industry partners in March this year. Those invited were able to see on-board the newly launched vessels, Pacific Goldfinch and Pacific Centurion at the Loyang Offshore Supply Base.

A GROWING FLEET September was a busy month for Swire Pacific Offshore, welcoming the delivery of its latest Platform Supply

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©S w i re P a c i f i c O ff s h o re

Vessel (PSV), Pacific Grackle in Japan on 17th September.

The latest addition to the company’s growing fleet, the G-Class series has been specially commissioned to meet the ever increasing market demands for PSVs. Powered by a four-engine diesel electric propulsion plant, the vessels, with 4,000-ton deadweight, are fully equipped with highly efficient counter rotating azimuth thrusters which help to ensure fuel efficiency.

Glenn explains: “We are pleased to welcome Pacific Grackle to our growing fleet of vessels. We are confident that Pacific Grackle will be a valuable asset and will join its sister vessels in providing efficient and reliable services to meet the current and future needs of our global clients.”

Commissioned to Japan Marine United Corporation (JMU), Pacific Grackle now stands as the fourth of ten vessels in SPO’s G-Class series, with sister vessels Pacific Goldfinch, Pacific Gosling and Pacific Gannet all delivered to SPO earlier this year in

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March, May and September respectively.

Once Swire Pacific Offshore completes its ten-vessel fleet, it will become one of the top ten PSV fleet owners in the world.

Owning and operating a diverse and impressive fleet of 92 vessels, SPO has 19 classes of vessels which includes; Anchor Handling Tug Supply (AHTS) vessels, PSVs, Ice-Breaking Supply Vessels, Seismic Survey vessels and Windfarm Installation vessels.

2014 saw the delivery of two D-Vessels to SPO, representing an important and significant investment for the company, these will help to support the latest generations of high specification semi-submersible rigs operating in much harsher and deeper offshore environments.

Launching its seventh D-Class vessel, Pacific Dispatch, two years ago, Glenn explains the significance of this vessel: “The launch of Pacific Dispatch is another important step for the company as we continue to develop our fleet of high specification anchor handling tug supply vessels.

The D-Class series has enjoyed a successful entry into service and each

new vessel allows us to extend its presence across our key markets, supporting our customers with safe, high quality performance and service.”

The delivery of Pacific Dragon in April 2014 marked the completion of eight vessel D-Class series of 240T bollard pull, flexible and environmentally friendly, anchor handling tug of supply vessels by the company. Well equipped with technical capabilities, these vessels are designed to be fuel efficient, helping to reduce environmental impact on deployment tasks.

“We are very pleased with their range of operational capabilities and safety and technical performance in serving the needs of our customers around the world,” Glenn said in a statement.

SWIRE SEABED A fully owned subsidiary of SPO, Swire Seabed has, earlier this year, placed an order for the acquisition of two Kystdesign Supporter WorkClass Remotely Operated Vehicles (WROVs) with Lidan Launch and Recovery Systems (LARS), due for delivery in February next year.

A strong track record of undertaking and completing a wide range of subsea operations, Swire Seabed, headquartered in Bergen, Norway, boasts a team of highly experienced onshore and offshore industry specialists.

“The decision to invest in these assets is part of Swire Seabed’s longterm growth strategy. Swire Seabed is not immune to the challenges low oil prices bring, however, the strength of SPO allows the company to continue investing in new assets. Being able to offer mobile ROVs to the market and integrating them into SPO’s global fleet set Swire Seabed apart from its main competitors. The new mobile WROV systems will strengthen Swire Seabed’s ability to provide subsea

SWIRE PACIFIC OFFSHORE services globally, reach into new market segments as well as allow us to continue to grow in the offshore oil and gas world,” explained Arvid Petterson, CEO at Swire Seabed.

The company’s other mobile subsea assets include a 6,000m depth rated Argus Bathysaurus XL WROV, a Sperre Subfighter 15k observation ROV and the Seabed Excavator, dredging vehicle and a cutting-edge multi-purpose subsea tool carrier – all in addition to the six WROVs that are permanently installed on the company’s dedicated subsea vessels.

Designed for harsh and challenging environments, both the WROVs and LARS can be seamlessly transported and mobilised on-board Offshore Support Vessels (OSV), helping to support Swire Pacific Offshore’s extensive fleet which has now reached more than 80 OSVs or third

party vessels which would benefit from a mobile WROV system.

AWARDED FOR SUSTAINABILITY In addition to its extensive fleet, SPO has established an impressive Net Zero Environmental Impact program. With strict health and safety regulations in place and a sustainable and environmentally conscious attitude, the company ensures its carbon footprint is moderated both in its offices and on board its ships at all times.

Implementing its Swire Pacific Green Guidelines, its commitment to sustainable development was cemented in 2010 and 2012, receiving the Singapore Environmental Council Eco Office Certification which is valid for two years.

The company’s pledge to implement sustainable practices was further recognised in 2013 at

the Sustainable Business Awards in the Large Enterprise Category: Singapore Sustainability Awards, which acknowledges a company’s actions to the economic, environmental and social aspects of sustainable developments.

Speaking of the company’s dedication, Neil Glenn explains: “Swire Pacific Offshore is honoured to receive this award and appreciates the recognition by the Singapore business community. We are committed to run our business sustainably and believe that the long term value creation for our shareholders depends on the sustainable development of our business and the communities in which we operate. This award has allowed us to share our best practises and in doing so, we hope to encourage other companies to take actions that will benefit their company, the environment and their key stakeholders.”

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