Etablissements Maurel & Prom SA 2014 AR2
The report highlights Maurel & Prom's performance and adaptation strategy during the 2014 fiscal year, which was heavily impacted by the collapse of oil prices. Key achievements include signing a new 20-year Ezanga Exploration and Production Sharing Agreement in Gabon and a long-term gas sales agreement in Tanzania. The company also strengthened its financial structure by issuing €253 million in ORNANE bonds and securing a new $650 million revolving credit facility. On the sustainability front, Maurel & Prom increased its contractual commitments to local communities, including an exceptional $45 million contribution to the Gabonese government.
Company: Etablissements Maurel & Prom SA
Sector: Energy
Country: France
Year: 2014
Type: AR2
Pages: 260
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Etablissements Maurel & Prom SA
Annual Report
The report highlights Maurel & Prom's performance and adaptation strategy during the 2014 fiscal year, which was heavily impacted by the collapse of oil prices. Key achievements include signing a new 20-year Ezanga Exploration and Production Sharing Agreement in Gabon and a long-term gas sales agreement in Tanzania. The company also strengthened its financial structure by issuing €253 million in ORNANE bonds and securing a new $650 million revolving credit facility. On the sustainability front, Maurel & Prom increased its contractual commitments to local communities, including an exceptional $45 million contribution to the Gabonese government.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Employees