Oil Spill Response

Oil Spill Response Limited (OSRL) is the largest international industry-funded cooperative which exists to respond to oil spills wherever in the world they may occur, by providing preparedness, response and intervention services. We are wholly owned by most of the environmentally responsible oil and gas companies, and our membership represents the majority of global oil production. We currently employ 300 people across 9 locations around the world.
The Company operates from facilities in the United Kingdom, Norway, Bahrain, Indonesia, Singapore, South Africa, Brazil and the United States of America. The members of OSRL represent the majority of global oil and gas production. With a distinguished reputation achieved by attending nearly all the major spill incidents for the past 30 years, OSRL is the industry leader in this field.

Company Growth (employees)
Type
Private
HQ
Southampton, GB
Founded
1985
Size (employees)
272 (est)
Oil Spill Response was founded in 1985 and is headquartered in Southampton, GB

Oil Spill Response Office Locations

Oil Spill Response has an office in Southampton
Southampton, GB (HQ)
Lower William St

Oil Spill Response Data and Metrics

Summary Metrics

Founding Date

1985

Oil Spill Response Financial Metrics

Oil Spill Response's revenue was reported to be £108.4 m in FY, 2015 which is a 39% increase from the previous period.
GBP

Revenue (FY, 2015)

108.4 m

Revenue growth (FY, 2014 - FY, 2015), %

39%

Gross profit (FY, 2015)

18.7 m

Gross profit margin (FY, 2015), %

17%

Net income (FY, 2015)

1.1 m

Cash (31-Dec-2015)

54.6 m
GBPFY, 2013FY, 2014FY, 2015

Revenue

57 m77.7 m108.4 m

Revenue growth, %

36%39%

Cost of goods sold

33.8 m60.6 m89.7 m

Gross profit

23.1 m17.1 m18.7 m

Gross profit Margin, %

41%22%17%

Operating expense total

20.3 m13.2 m9.4 m

Pre tax profit

2.8 m404 k1.1 m

Net Income

1.4 m(1.1 m)1.1 m
GBPFY, 2013FY, 2014FY, 2015

Cash

90.2 m90.4 m54.6 m

Accounts Receivable

26.8 m64.3 m52.8 m

Current Assets

122.8 m189.3 m150.8 m

PP&E

21.1 m263.7 m296.3 m

Total Assets

143.8 m452.9 m447.1 m

Accounts Payable

4.7 m4.2 m5.9 m

Current Liabilities

121.1 m128.7 m125.2 m

Total Liabilities

124.3 m398.9 m390.7 m

Retained Earnings

1.4 m(1.1 m)1.1 m

Total Equity

19.6 m54 m56.3 m

Financial Leverage

7.3 x8.4 x7.9 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

62.7 m16.7 m43.2 m

Cash From Financing Activities

902 k77.4 m(21.8 m)

Income Taxes Paid

(1.4 m)(1.5 m)(7 k)
Y, 2015

Financial Leverage

7.9 x

Traffic Overview of Oil Spill Response

Oil Spill Response Online and Social Media Presence

Oil Spill Response News and Updates

Canada Oil Spill Program Hit by Cheap Crude, Lacks Applicants

Fewer oil spills are good news for everyone except the Oil Spill Response Science Program.

BP platform in the North Sea forced to shut after oil spill

BP closed an oil platform in the North Sea after an oil spill was reported over the weekend. The oil major’s Clair platform, which is about 46 miles west of Scotland’s Shetland Islands in the North Sea, has been shut while an investigation is conducted into the leak which occurred yesterday. B…

BP's Clair oil platform shut down after leak

BP shuts down one of its oil platforms, about 75 km to the west of Shetland, because of a leak.

Oil Spill Response Company Life and Culture

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