VALUE CREATION FOR
OFFSHORE Despite the restrictions imposed by the Covid-19 epidemic, the oil and gas sector remained relatively steady throughout the year under review. We continued to provide technical support and a variety of classification and approval services for various types of offshore assets and floating installations in 2020. INSB Class has been gradually developing its acceptance and technical expertise within the specialized offshore sector of the industry. Across the year 2020, we stayed active and completed several offshore classification surveys
At year end, the offshore tonnage contribution to the overall aggregate tonnage remained stable at 26%.
and certification assignments, predominantly in key offshore locations of the African continent. During the same working period, additional assets of various types entered under the INSB Class complementing our technical solutions and dedication extended to offshore operators amid a very challenging year.
KEY OFFSHORE SEGMENTS SERVED IN 2020
TUGS FSO
5% 9%
OSV
12%
SELF. ELEV
53%
JACK-UP DRILLING
18
12% 9%
INSB CLASS | 2020 Annual Activity Report
