Petro Matad Ltd 2024 Annual Report with Sustainability Disclosures
The report highlights Petro Matad Limited's transition to becoming Mongolia's third oil producer in 2024, following the startup of production operations at the Heron-1 well in Block XX. The company successfully completed drilling activities at the Heron-2 appraisal well and the Gobi Bear-1 exploration well without any environmental or safety incidents. Additionally, Petro Matad's joint venture, Sunsteppe Renewable Energy, advanced several renewable energy projects, including a green hydrogen demonstration project and battery storage facilities. The company also maintained its record of zero lost time injuries for the ninth consecutive year and received a 97% score on its environmental implementation report.
Company: Petro Matad Ltd
Sector: Mining & quarrying
Country: Mongolia
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 51
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Petro Matad Ltd
Annual Report
The report highlights Petro Matad Limited's transition to becoming Mongolia's third oil producer in 2024, following the startup of production operations at the Heron-1 well in Block XX. The company successfully completed drilling activities at the Heron-2 appraisal well and the Gobi Bear-1 exploration well without any environmental or safety incidents. Additionally, Petro Matad's joint venture, Sunsteppe Renewable Energy, advanced several renewable energy projects, including a green hydrogen demonstration project and battery storage facilities. The company also maintained its record of zero lost time injuries for the ninth consecutive year and received a 97% score on its environmental implementation report.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities