2011 Annual Report - SBM Offshore

Although unhappy with the increases, the Company is determined to use them as a way to focus on problem
areas and reduce incidents in future.
The methods used to calculate LTIFR and TRIFR are explained in the notes.
3.7.4 Security Management
Ensuring the security employees wherever they work is a key priority for managers and supervisors throughout
the Company. Its Security Policy is intended to protect SBM Offshore employees wherever in the world they
operate.
Risk assessments are always completed before construction contracts for marine units managed by the Company
commence operations in areas that are designated ‘high risk’;; in addition, the SBM Offshore Global Security
Manager (based in Lagos, Nigeria) monitors global security issues for onshore and offshore operations. He issues
regular reports concerning security levels and standards around the world.
The Company is keenly aware of its ‘Duty of Care’ to employees and contractors. Consequently, it sources
relevant security information from Drum Cussac and International SOS.
Offshore Production
Across the lease fleet, the ISPS (International Ship & Port Facility Security Code) is used as the basis of a system
that safeguards personnel onboard, and provides overall protection for all Company facilities. During 2011,
security drills, exercises and audits were carried out to ensure that procedures in place to deal with offshore
incidents are comprehensive, fit for purpose and regularly tested by carrying out security drills. Transit risk
assessments were carried out for the Group marine units transiting the Indian Ocean, either going to their
operating field or returning from the field to a construction yard in Singapore.
Company Security Officers provide advice on security to the operating fleet, focusing their efforts on three main
operating areas: Angola, Brazil and the Rest of the World.
This is a customized selection from the SBM Offshore N.V. Annual Report 2011
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