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Building a Stronger, Safer BP

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Building a Stronger, Safer BP BP in Angola Sustainability Report 2013 bp.com/sustainability Building a stronger, safer BP The scope of this report This report covers the activities of BP Angola, focusing on our performance in 2013 while providing relevant updates on developments in 2014. It has been prepared by our business in Angola, which is based in Luanda. Data is shown for activities where we are the operator, unless indicated otherwise. In the report, references to ‘BP’ and the ‘BP group’ shall mean BP p.l.c., its subsidiaries and affiliates and, unless otherwise stated, the text does not distinguish between the operations and activities of BP p.l.c. and those of its subsidiaries and affiliates. Unless specified otherwise, references in this report to ‘us’, ‘we’, and ‘our’ shall refer to companies in the BP group operating in Angola. Unless otherwise indicated all currency amounts are denominated in US dollars. As with previous BP in Angola sustainability reports, this report has been independently verified. An introduction to Ernst & Young’s assurance process We have reviewed the BP in Angola Sustainability Report 2013 in order to provide assurance to BP management that the data, statements and assertions made regarding the sustainability performance of BP in Angola are supported by evidence or explanation. Our scope of work and conclusions can be found on page 40. Front cover imagery Left image: View of Plutão, Saturno, Vénus and Marte floating production storage offloading vessel (PSVM FPSO) turret at dusk. Centre image: Technicians heading to the worksite. Right image: The tension hawser cable of the PSVM FPSO. Cautionary statement BP in Angola Sustainability Report 2013 contains certain regulations; exchange rate fluctuations; development and use of equating to any use of the word in other BP p.l.c. reporting or forward-looking statements with respect to the financial new technology; changes in public expectations and other filings.BP Annual Report and Form 20-F 2013 and BP Strategic condition, results of operations and businesses and certain of changes in business conditions; the actions of competitors; Report 2013 may be downloaded from bp.com/annualreport. No the plans and objectives of BP with respect to these items. natural disasters and adverse weather conditions; wars and acts material in this Sustainability Report forms any part of those of terrorism or sabotage; and other factors discussed elsewhere documents. No part of this Sustainability Report constitutes, or By their nature, forward-looking statements involve risks and in this document and in BP Annual Report and Form 20-F 2013. shall be taken to constitute, an invitation or inducement to uncertainties because they relate to events and depend on invest in BP p.l.c. or any other entity and must not be relied circumstances that will or may occur in the future. Actual results Material is used within this document to describe issues for upon in any way in connection with any investment decisions. may differ from those expressed in such statements depending voluntary sustainability reporting that are considered to have the BP p.l.c. is the parent company of the BP group of companies. on a variety of factors including future levels of industry product potential to significantly affect sustainability performance in the Unless otherwise stated, the text does not distinguish between supply; demand and pricing; operational problems; general view of the company and/or are expected to be important in the the activities and operations of the parent company and those economic conditions; political stability and economic growth in eyes of internal or external stakeholders. Material for the of its subsidiaries. relevant areas of the world; changes in laws and governmental purposes of this document should not, therefore, be read as 2 BP in Angola Sustainability Report 2013 Overview Overview Contents 4 An introduction from BP 6 Our progress in 2013 Angola’s regional president An overview of key actions Martyn Morris reviews recent and progress. developments and prospects. 5 BP Angola in context An overview of the context in which we carry out our business in Angola. Focus areas How we operate 8 How we operate 25 Environment How BP in Angola operates; the Managing our impact; our objectives, performance of our operations and targets and environmental performance. projects; and our approach to developing our people. 30 Society Our social investment strategy; working 21 Safety, health and security in partnership; and our social projects. Safety management and performance; and our management of health and security. Safety Our reporting and performance data 38 BP Angola in figures 40 Assurance statement Five-year performance information on Ernst & Young’s conclusions on BP key measures. Angola’s reporting. Environment Society Our reporting BP in Angola Sustainability Report 2013 3 Introduction from the BP Angola Regional President In 2013, we set ourselves a goal of ‘developing our well intervention capability so that we are the best to be the best’. Our aim was to achieve well-positioned to intervene in an emergency leading performance across the business by situation, should it arise. building on the things we do well, and giving We began the move into our new headquarters impetus to areas where we know we can do in Torres do Carmo – a complex process that better. was carried out efficiently. We now have more A highlight of 2013 has been significant than 200 people in the new office with more to production from the Plutão, Saturno, Vénus and follow in 2014. Marte floating production storage offloading Recruitment has been stepped up. Local vessel (PSVM FPSO), where we have made a recruitment is one important way that we good start, quickly reaching plateau production contribute to the growing economic and social levels and maintaining reliability through prosperity of the country. intensive cross-functional collaboration. Greater Plutonio has had a more challenging year with a Our varied social programmes represent another few unexpected events affecting production. tangible way that we bring benefit to local However, we should not forget that our communities. I am constantly impressed by the expectations are now much higher than spirit that characterizes our social projects previously; the dramatic turnaround in Greater – whether they focus on school construction or Plutonio’s performance was recognized when it rehabilitation, or the provision of clean water, or received a company-wide ‘Best of BP’ award. work with Paralympians and the blind. These These results are recognition for many years of projects do a huge amount of good, and we are hard and dedicated effort. The business as a proud to make the contribution we do. whole can be proud. We now report on our sustainability From a health, safety and environment (HSE) performance every year and I am delighted we perspective, our performance was similar to do so. The report gives us the opportunity to 2012. Given that we now have two fully engage with many stakeholders directly, and to operating floating production storage offloading tell more distant stakeholders what we are doing vessels (FPSOs), three drilling rigs, three field and how. As always, we welcome your feedback A highlight of 2013 has been support vessels, an offshore construction vessel not only on the report, but on our performance significant production from and countless other ships, planes and more generally, so that we can continue to strive helicopters working in our operational arena, our to be the best we can be. the PSVM FPSO, where we HSE performance has been solid. We showed have made a good start, strong performance in reducing our day away from work cases to just two, despite an increase quickly reaching plateau in the number of hours worked. Our record at production levels and the Sonils base remains excellent, with another maintaining reliability through year passing without a recordable personal injury. However, we have had an increase in the Martyn Morris intensive cross-functional number of losses of primary containment and BP Angola Regional President spills, which presents us with a clear area for August 2014 collaboration. improvement. In our non-operated operations, we were pleased to see the first cargo delivery from Martyn Morris Angola LNG, although subsequent delays affecting the plant have been disappointing. Overall, we delivered strong financial and cost control performance on behalf of the BP group. We remain a very important part of the group portfolio. Drilling and exploration operations have been successful in 2013, delivering the barrels of oil expected and making an important new discovery in the non-operated Lontra field towards the end of the year. We have bolstered 4 BP in Angola Sustainability Report 2013 BP Angola in context Overview Working in Angola, a developing country with a heritage of conflict, creates a demanding operating context for business in which a variety of economic, physical, and social challenges affect day-to-day activities. Economic and social capacity Ethics and transparency Angola has remained stable and peaceful since Angola presents significant challenges for the end of civil war in February 2002. The compliance with anti-corruption laws and transition from a period of conflict continues, promotion of ethical business practices, with countrywide infrastructure reconstruction currently ranking 153rd of the 175 countries and a private and public economic-social listed on Transparency International’s 2013 recovery plan. Corruption Perceptions Index. Despite progress, further development of BP Angola provides extensive training to Angola’s institutions is needed to tackle a wide employees and contractors on our code of range of social challenges, such as poverty conduct and applicable laws, as well as an audit alleviation and health. Malaria is the country’s programme for present and potential partners main killer disease and the principal cause of and additional scrutiny and management of high morbidity and mortality among pregnant women risk agents.
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