About Us

An energy transition enabler, based in Oman.

Fund the transition from the cash the existing barrels generate, and spend it where the emissions actually are.

The strategy in one paragraph

Hydrocarbons pay for the transition. Our producing assets generate the cash that funds renewable generation, electrification and the efficiency work across the portfolio — which is why we keep investing in them, and why we hold them to a carbon intensity that stays in the first quartile of comparable capacity.

The second half of the strategy is integration. A molecule that leaves an operated field, is treated at an operated plant, moves through an operated pipeline and is cracked into a polymer we sell captures far more of its own value than one sold at the wellhead — and it is a great deal easier to account for at each step.

Four priorities to 2030

  • 01

    Extend the life of the producing base

    Infill drilling, water injection and debottlenecking on assets we already operate. The cheapest barrel is the one that comes from infrastructure that is already paid for.

  • 02

    Close the integration gaps

    Sahil takes ethane that is currently burned as fuel gas and turns it into polymer. Ras Sahil removes the loading constraint that has been choking inland production since 2022.

  • 03

    Decarbonise the operation, not the report

    Flare capture, methane leak detection, solar on the injection load and electrification studies — measured on the same reporting cycle as production and assured by the same auditor.

  • 04

    Build the capability locally

    In-country value is not a compliance line. Local engineering, local suppliers and a graduate pipeline are what make a thirty-year asset operable in year twenty-five.

The targets we report against

2050

Net zero, scope 1 and 2

Aligned to the national goal, with interim gates in 2030 and 2040.

-45%

Operated carbon intensity by 2030

Against the 2020 baseline, across all operated facilities.

35%

Of group capital into transition projects by 2030

Renewables, electrification, capture and efficiency.

45%

In-country value index target

Currently 38.4%, measured on the national methodology.