SBM Offshore apply prime importance to health, safety and the protection of the environment in the execution of its business activities and operation of its offshore Marine Units. This application is part of the Company's Policy Statement and clearly demonstrates the company is fully committed to provide a safe workplace for its employees and any others who may be affected by its operations. Part of this commitment is that the company will provide information and training for its employees, to increase safety awareness, and to establish a safety culture.
Health, safety and protecting the environment is a line management responsibility but each person also has the responsibility for his own safety and that of others who may be affected by what he does, or does not do.
American Bureau of Shipping (ABS)
ABS is a Classification Society, which is highly regarded throughout the world, they provide a Marine Safety, Quality and Environmental Management Standard (SQE) for enhancing marine management practices.
ABS set out guidelines and offer help and assistance in order that companies and organisations can achieve SQE standard accreditation with commitment to continual improvement and awareness of environmental impacts.
This Management System is established in line with the requirements of the ISM Code, and is progressively introducing ISO 14001:2004, and ISO 9001:2000 standards, plus SA8000 (Social Accountability) into it’s operations. The SQE standard will be subsequently implemented fleet wide.
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Accident Statistics Year Ending 2004
An outstanding rate of reliability and safety on board FPSOs compares favourably with the offshore industry as a whole. Lost Time Accident Frequency (LTAF) at the year end 2004 was 0,51, i.e. there were ten Lost Time Accidents (LTAs) involving a loss of work time exceeding 24 hours, for the 3,884,673 manhours worked during the year. At the close of the year 2004, seven of the company's units had passed the milestone of one year without LTA. From these seven units the FSO Yetagun had passed the milestone of five years without LTA, and the FPSO Tantawan the commendable milestone of seven years without LTA.
Note: LTAF (Lost Time Accident Frequency) calculation equals the number of LTAs divided by the total number of man hours multiplied by 200 000 man hours (OHSA standard)