Oil Search Limited, a prominent player in the oil and gas industry, is headquartered in Papua New Guinea (PG). Founded in 1929, the company has established itself as a leader in exploration and production, primarily focusing on oil and natural gas resources in the Asia-Pacific region. With significant operations in Papua New Guinea and a growing presence in the broader region, Oil Search is renowned for its commitment to sustainable practices and community engagement. The company’s core services include hydrocarbon exploration, development, and production, with a unique emphasis on leveraging advanced technology to enhance efficiency and safety. Recognised for its strong market position, Oil Search has achieved notable milestones, including successful partnerships and significant discoveries that have bolstered its reputation as a reliable energy provider.
How does Oil Search Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Oil Search Limited's score of 25 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Oil Search Limited, headquartered in Papua New Guinea (PG), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is part of a merged entity with Santos Limited, which may influence its climate commitments and reporting. As of now, Oil Search Limited has not established specific reduction targets or initiatives, nor does it have any climate pledges documented. However, it is important to note that emissions data and climate strategies may be inherited from its parent company, Santos Limited. This includes potential targets set by Santos Limited under the Science Based Targets initiative (SBTi) and other climate-related frameworks. Given the lack of direct emissions data, stakeholders should monitor future disclosures from Oil Search Limited and its parent company for updates on carbon emissions and climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2012 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000 | 0,000 | 
| Scope 2 | 37,796,000 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000 | 000 | 
| Scope 3 | - | - | - | - | - | - | - | - | - | - | 00,000 | 00,000 | 
Oil Search Limited's Scope 3 emissions, which decreased by 9% last year and decreased by approximately 9% since 2023, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 71% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Oil Search Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.