Gulfsands Petroleum PLC 2023 Annual Report with Sustainability Disclosures
Company: Gulfsands Petroleum PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 84
The report describes 2023 as a year of strategic rebuilding for the company, including the establishment of its Abu Dhabi MENA hub and GMEL subsidiary and the conversion of its outstanding financing facility into equity. It reports that Syrian operations remained suspended under sanctions and that no production revenue was recognized. Sustainability planning was overseen by a Sustainability Committee and structured around the UN Global Compact and Sustainable Development Goals. The company also funded STEM education initiatives for Syrian refugee children in Jordan.
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