Annual Report and Accounts

Overview

The report presents BlueNord's 2025 transition into a cash-generating phase, with consolidated revenue of USD 1,030.3 million driven by the Tyra ramp-up. It reports BlueNord's share of DUC Scope 1 emissions at 0.38 Mt CO2e and Scope 3 category 11 emissions at 5.04 Mt CO2e. The Group ended 2025 with 54 employees and reported no work-related accidents or injuries, while its seven-member Board included three women. CarbonCuts advanced the Ruby Project through a 3D seismic survey and well re-entry, supporting the Group's CCS strategy.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2025
Period: Ends 31 December 2025
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Statement included

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