01 — about us
Who we are
Bridge is still majority owned by its employees
We differentiate ourselves through the quality of our end to end petrotechnical capabilities, and our commercial pragmatism and innovation.
UK-focused, cost-conscious
A production operator with material high netback from current operations.
Proven high quality
A proven high quality small team and track record in joint technical and operational works within our legacy licences.
Fiscally responsible
A cashflow-run company with strict internal capital control to maximise return on investment.
Strong track record
In delivering operations and asset management excellence (P&A, well and pipeline operator activities).
Carbon Neutral
Bridge commits to carbon neutral operations by 2025.
Generating value through
Acquisition of production assets with hopper or cost management opportunities providing cash-flow, working capital, security and upside.
Participation in licencing rounds to expand the existing portfolio and inorganic growth through fit-for-purpose acquisition, providing upside beyond changes in the oil price.
02 — core values
Safety, "First Time Right" and "Value Creation"
Experienced management team with an international oil industry track record
Highly experienced management team with significant UKCS track record working for regulator (NSTA), operators and supply chain, including BP, Shell, Apache, Ineos, Dong Energy, BG Group, Hess, Centrica/Spirit and Schlumberger.
Qualified production and development operator and strong NSTA relationships
Bridge focuses on continuously improving its technical competency as a UK North Sea operator. Excellent relationships with governmental and regulatory bodies, bringing credibility and comfort around operational, financial, licencing and HSE compliance with recent planning and offshore track record.
A track record of value creation from acquired assets
Management have a strong track record of driving cost reduction and identifying and executing production hoppers in their existing non-operated production assets, working closely with JV partners. An equally strong track record of deal making for development-ready assets and experienced in unique deal structures with supply chain.
World class technical partners, commercially aligned
Bridge have delivered working in proven strategic partnerships with world class supply chain partners.
04 — policies
Tier 1: Business Management System
BPL-MSP-001 HSE Policy
Bridge is committed to:
- Ensuring that HSE is fundamental to the company’s business processes;
- Providing a systematic approach to HSE management designed to ensure compliance with the spirit as well as the letter of the law in the jurisdictions in which it operates;
- Taking accountability for the effectiveness of the management system and seek continuous performance improvement;
- Maintaining a management structure which delivers this policy and also ensures a continuous chain of clear responsibility and accountability;
- Ensuring resources are available to successfully implement & achieve HSE objectives;
- Appropriate HSE training to certify competence of personnel in accordance with relevant national and/or international standards;
- Ensuring the company fulfils and is compliant with all of its HSE obligations;
- Protecting the environment by preventing or mitigating adverse HSE events and/or consequences;
- Zero injuries or ill health to personnel as a consequence of the company’s activities;
- Communicating HSE information to relevant parties.
BPL-MSP-002 Quality Policy
Bridge is committed to:
- Leadership and commitment to ensure that a continuous Quality improvement management culture is integrated into the company’s business processes via the Business Management System;
- Providing a systematic approach to Quality management designed to ensure compliance with both the spirit and the letter of the law and to achieve continual performance improvement;
- Taking accountability for the effectiveness of the management system and seek continuous performance improvement;
- Maintaining a management structure which delivers this policy and also ensures a continuous chain of clear responsibility, accountability and measurement;
- Ensuring resources are available to successfully implement & achieve Quality improvement objectives;
- Provision of appropriate Quality training to certify competence of personnel in accordance with relevant national and/or international standards;
- Ensuring the company fulfils and is compliant with all of its HSE obligations and such requirements are fully imbedded within continuous quality improvement processes;
- Zero injuries or ill health to personnel as a consequence of the company’s activities;
- Communicating Quality information to relevant parties, including the supply chain and other counterparties and requiring their compliance, confirmation of compliance, and continuous improvement as part of the procurement process.
BPL-MSP-003 Environmental Policy
Bridge is committed to:
- ensuring the environmental policy and environmental objectives are established and are compatible with the strategic direction and the context of the organisation;
- ensuring the integration of EMS requirements into the organisation's business processes;
- providing the necessary resources for an effective EMS;
- communicating the importance of effective EMS and conforming to the EMS requirements;
- ensuring that the EMS achieves its intended outcomes;
- directing and support persons to contribute to the effectiveness of the EMS;
- supporting relevant management roles to demonstrate their leadership as it applies to their area of responsibility.
BPL-MSP-004 Waste Management Policy
Bridge is committed to:
- encouraging the reduction of all waste through ‘Reduction, Reuse and Recycling’;
- a target of zero accidents and incidents
- promoting a culture in which all employees share this commitment to the environment and waste management
- encouraging a philosophy of continual waste management performance improvement;
- transparency in the reporting of the Bridge’s waste management performance;
- maintenance of a fit for purpose environmental and waste management system, process and standards in line with legislation and with the Bridge’s overall Environmental Policy.
BPL-MSP-006 Corporate Social Responsibility Policy
Bridge is committed to:
- Contribute back to society through knowledge sharing and mentoring via academic institutions;
- Minimize our environmental footprint in our daily business and operations;
- respect the laws within the countries and communities where it operates and respect the rights and dignity of everyone within those communities without discrimination;
- In meeting this commitment Bridge will align fully with the principles of its Business Code of Conduct.
BPL-MSP-007 Business Code of Conduct
Bridge is committed to:
- acting responsibly, ethically, and in a safe manner across its entire business in accordance with its commitment to work to the highest standards of corporate governance;
- operating a culture of fairness and respect to towards all stakeholders;
- providing a secure, safe and healthy work place;
- conducting its business with the utmost integrity at all times;
- considering the environmental impact of its business at all times;
- supporting and respecting the protection of internationally recognised human rights in its areas of operation;
- encouraging and fostering a culture of openness through its Whistler Blower Policy.
BPL-MSP-018 CMAPP Policy
Bridge is committed to:
- allocating responsibility at senior level for suitability, implementation and operation of CMAPP;
- a formal command and control system that includes board members and senior management of the organisation
- implementing Measures for building and maintaining a strong safety culture with a high likelihood of continuous safe operation
- ensuring competency at all levels of the organisation and identifying an approach to ensure it is achieved, with process checking as appropriate
- implement measures for rewarding and recognising desired behaviours
- having a system to review and evaluate Bridge’s capabilities and goals
- taking the primary responsibility for controlling risks of a major accident that are a result of its operations
- continuously improving control of identified risks to ensure an elevated level of protection
- give information on safety measures and required behaviour to people liable engaged by Bridge
- Establishing and implement quality and risk assurance plan by various levels of process auditing and self assurance activities throughout the organization
BPL-MSP-019 Net Zero and Climate Policy
Bridge is committed to:
- Align and support the ambitions of the Paris Agreement
- Achieving Net Zero by 2030 through Scope 1 (direct), scope 2 (related to purchased electricity) and Carbon Offset.