Outlook Our close and trusted relationship with asset operators offers the opportunity for us to decouple performance from changing government policy and global uncertainty through the provision of long-term, life of asset services. Our ability to develop and deploy digital services, coupled with our reputation for asset data acquisition and maritime domain knowledge, offer a strong set of integrated services that enable customers to optimise assets for safety, cost, security and sustainability. More broadly, energy costs, energy security and the energy transition are all likely to remain key drivers for our customers in the year ahead, which will help to ensure that demand for our asset monitoring services remains strong. We will leverage our established expertise and strong track record to further improve our offering to operators. Similarly, we will continue to apply our maritime asset monitoring and sustainment experience to support offshore energy renewables projects. Through our efforts in both areas, we will strengthen our position as a sought-after partner for innovative solutions in the evolving energy landscape. Green power We are leading the Hydrogen Powering of Vessels research project on behalf of the Blue Economy Cooperative Research Centre (CRC), an industry and academic partnership funded by the Australian government. The addition of Australian wind farm developer Southerly Ten to the project marks an exciting new phase, which will further drive offshore decarbonisation using hydrogen propulsion for offshore CTVs and SOVs. (above) Piloting success We are providing technical support services for the construction of a worldclass 22m ‘heavy weather’ pilot vessel for the Port of Milford Haven (PoMH), the UK’s leading energy port and one of the biggest liquefied natural gas (LNG) terminals in the world. Having previously helped the PoMH to scope the vessel requirements, we are now delivering independent governance and support throughout the vessel design, build, training and trial phases. (below) Enhancing offshore operations We worked on the upgrade of servers and load management programmes for Esso in the deepwater Kizomba oil field offshore of Angola. We also conducted the upgrade of a Single Point Mooring Telemetry and Control System (SPM-TCS) for leading Argentinean oil and gas distribution company Terminales Marítimas Patagónicas S.A. The new system will provide essential real-time operational environmental data. In addition, we are working on our second offshore Integrated Marine Monitoring System (IMMS) contract in the deepwater Trion oilfield in the Gulf of Mexico. (below and right) BMT Group Ltd | Review of performance 23-24 16 17
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