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Our business model

Our business model

How we create value for our stakeholders, manage our risks and deliver our strategy.

We create value in two simple ways: we find oil and we sell oil. To achieve this we must execute exploration campaigns, deliver selective development projects, maintain our production and ensure we are suitably financed through a mix of diverse funding options and portfolio management. 

Our business model addresses the fundamental areas that we develop to manage our risks and help us deliver our strategy. These areas include: ensuring sustainable operations by protecting our people; high standards of governance coupled with strong and effective risk management; a multidisciplined, diverse and entrepreneurial team; and making a positive and lasting contribution to the communities and environment in which we operate.

Our business model

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