Our business philosophy

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Written by rob@loaf
Monday, 23 November 2009 14:55
Our corporate philosophy has been developed by our experience in the petroleum industry over thirty years. Our team shares a common vision and expectation of how our company will function, the standards to which we will adhere, and the behaviours we will exhibit.

We aim to operate assets whenever we can. Only in that way can we bring our technical and commercial expertise to bear in securing the best returns for our shareholders. Consistent with that, we nevertheless wish to be a partner of choice and to work constructively within all our joint venture relationships.  We will align with partners who share the same commitment to safe, efficient and fast development of assets.

Supply chain partnerships are of crucial importance to us. Our strong technological focus ensures that we will look, where appropriate, to deploy innovative solutions with proven technologies. We enter into strategic partnerships with leading providers of sub-sea technology and services. We are fully committed to fostering strong business relationships with all our suppliers and are committed to working together in a team culture. We will, where appropriate, look to innovative risk-reward relationships with our supply chain partners.

Above all else, we have a strong commitment to corporate risk management. You will find that commitment in our careful selection of the assets in which we invest, the people who work with us, our own corporate commitment to safe and effective operations, and in our attitude to financial and commercial risk.
Last Updated ( Monday, 25 January 2010 21:00 )