Etablissements Maurel & Prom SA 2018 AR2
The report highlights Maurel & Prom's operational and financial performance for the fiscal year 2018, emphasizing its role as the international development platform of Pertamina. The company achieved a 10% increase in sales to US$440 million and a 30% increase in EBITDA to US$245 million, driven by rising oil prices and a 69% increase in gas production in Tanzania. In terms of sustainability, Maurel & Prom improved its EHS-S performance, recording an A- score on the CDP Climate questionnaire. The company also expanded its portfolio through acquisitions in Venezuela and Angola, and successfully bought back Rockover's deferred payments to optimize future net income.
Company: Etablissements Maurel & Prom SA
Sector: Energy
Country: France
Year: 2018
Type: AR2
Pages: 204
Back to company
Etablissements Maurel & Prom SA
Annual Report
The report highlights Maurel & Prom's operational and financial performance for the fiscal year 2018, emphasizing its role as the international development platform of Pertamina. The company achieved a 10% increase in sales to US$440 million and a 30% increase in EBITDA to US$245 million, driven by rising oil prices and a 69% increase in gas production in Tanzania. In terms of sustainability, Maurel & Prom improved its EHS-S performance, recording an A- score on the CDP Climate questionnaire. The company also expanded its portfolio through acquisitions in Venezuela and Angola, and successfully bought back Rockover's deferred payments to optimize future net income.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Apr 30, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Energy Consumption
Women on Board
Employees