Tethys Oil AB 2018 SR
The report highlights Tethys Oil's record financial performance and operational progress in 2018, including a reserve replacement ratio of 177%. The company expanded its presence in Oman by becoming the operator of Block 49 and implementing a modern operations management system aligned with IOGP standards. Key sustainability achievements include maintaining zero fatalities and reducing carbon intensity to 21.7 kg per barrel. Tethys Oil also emphasized its commitment to the UN Global Compact and local community development through various CSR initiatives and scholarships in Oman.
Company: Tethys Oil AB
Sector: Energy
Country: Sweden
Year: 2018
Type: SR
Pages: 20
Tethys Oil AB
Sustainability Report
The report highlights Tethys Oil's record financial performance and operational progress in 2018, including a reserve replacement ratio of 177%. The company expanded its presence in Oman by becoming the operator of Block 49 and implementing a modern operations management system aligned with IOGP standards. Key sustainability achievements include maintaining zero fatalities and reducing carbon intensity to 21.7 kg per barrel. Tethys Oil also emphasized its commitment to the UN Global Compact and local community development through various CSR initiatives and scholarships in Oman.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Apr 3, 2019
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees