Perdana Petroleum Berhad 2017 AR2
The report highlights Perdana Petroleum Berhad's efforts to embed sustainable practices into its offshore marine support services for the upstream oil and gas industry. In 2017, the company faced a challenging operating environment with a vessel utilisation rate of 52% and a net loss of RM186.1 million. Despite these challenges, the company implemented cost optimization initiatives, reducing administrative expenses by approximately 20%. Perdana also formalized its sustainability reporting for the first time, aligning with the GRI Standards and focusing on material economic, environmental, and social impacts.
Company: Perdana Petroleum Berhad
Sector: Transport & logistics
Country: Malaysia
Year: 2017
Type: AR2
Pages: 150
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Perdana Petroleum Berhad
Annual Report
The report highlights Perdana Petroleum Berhad's efforts to embed sustainable practices into its offshore marine support services for the upstream oil and gas industry. In 2017, the company faced a challenging operating environment with a vessel utilisation rate of 52% and a net loss of RM186.1 million. Despite these challenges, the company implemented cost optimization initiatives, reducing administrative expenses by approximately 20%. Perdana also formalized its sustainability reporting for the first time, aligning with the GRI Standards and focusing on material economic, environmental, and social impacts.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management