Tethys Oil AB 2019 SR
The report highlights Tethys Oil's operational success in 2019, achieving record production and reserves growth in Oman. It addresses a significant increase in carbon dioxide emissions, primarily from flaring at the Ulfa field, and outlines plans for a large-scale gas utilization project to mitigate environmental impact. The company maintained a strong safety record with zero HSE incidents on its operated Block 49 and a decrease in incidents on non-operated blocks. Sustainability efforts included extensive CSR initiatives in Oman, such as educational scholarships and community development. Tethys Oil also reaffirmed its commitment to the UN Global Compact and ethical business practices.
Company: Tethys Oil AB
Sector: Energy
Country: Sweden
Year: 2019
Type: SR
Pages: 20
Tethys Oil AB
Sustainability Report
The report highlights Tethys Oil's operational success in 2019, achieving record production and reserves growth in Oman. It addresses a significant increase in carbon dioxide emissions, primarily from flaring at the Ulfa field, and outlines plans for a large-scale gas utilization project to mitigate environmental impact. The company maintained a strong safety record with zero HSE incidents on its operated Block 49 and a decrease in incidents on non-operated blocks. Sustainability efforts included extensive CSR initiatives in Oman, such as educational scholarships and community development. Tethys Oil also reaffirmed its commitment to the UN Global Compact and ethical business practices.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Apr 9, 2020
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