Tethys Oil AB 2024 IR
The report highlights Tethys Oil's activities in 2024, including a strategic review that concluded with a tender offer by Roc Oil Company and subsequent delisting. Operationally, the company achieved an average oil production of 7,889 barrels per day from Blocks 3&4, despite severe weather impacts in the first half of the year. The second phase of the Gas-to-Power project was rolled out, leading to a 630 percent increase in gas utilisation and a 10 percent reduction in flaring. Additionally, Block 56 was declared commercial with its Field Development Plan approved, extending the license until 2044.
Company: Tethys Oil AB
Sector: Energy
Country: Sweden
Year: 2024
Type: IR
Pages: 94
Tethys Oil AB
Annual And Sustainability Report
The report highlights Tethys Oil's activities in 2024, including a strategic review that concluded with a tender offer by Roc Oil Company and subsequent delisting. Operationally, the company achieved an average oil production of 7,889 barrels per day from Blocks 3&4, despite severe weather impacts in the first half of the year. The second phase of the Gas-to-Power project was rolled out, leading to a 630 percent increase in gas utilisation and a 10 percent reduction in flaring. Additionally, Block 56 was declared commercial with its Field Development Plan approved, extending the license until 2044.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees