Oil Search Limited, a prominent player in the crude petroleum industry, is headquartered in Papua New Guinea (PG). Founded in 1929, the company has established itself as a leader in crude oil extraction and related services, excluding surveying. With significant operations in Papua New Guinea and a growing presence in the Asia-Pacific region, Oil Search focuses on the exploration, development, and production of oil and gas resources.
The company is renowned for its commitment to sustainable practices and innovative technologies that enhance extraction efficiency. Oil Search Limited's core services include oil production, gas processing, and project management, setting it apart in a competitive market. Notable achievements include successful partnerships and significant contributions to the local economy, solidifying its position as a key player in the energy sector.
+41 vs industry average
Oil Search Limited’s score of 57 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
The Crude Oil Extraction industry has reduced its overall emissions by 16% since 2018
Reported emissions
No reported emissions data is available for Oil Search Limited yet.
Oil Search Limited's reported carbon emissions
Oil Search Limited, headquartered in PG and operating in the crude petroleum and services related to crude oil extraction industry (excluding surveying), has committed to climate action. While specific, recent absolute emissions data for Oil Search Limited itself is not available in the provided information, the company's climate commitments are cascaded from its ultimate parent, Santos Limited.
As a current subsidiary of Santos Limited (cascade level 1), Oil Search Limited's climate targets and initiatives are integrated within Santos Limited's broader strategy. This means that the company's emissions reporting and reduction efforts align with those set forth by its parent organisation.
Further details on Oil Search Limited's specific emissions footprint and reduction targets would be available through the reporting of Santos Limited, as the data is cascaded from this source.
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Oil Search Limited’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Oil Search Limited yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Inherited from Santos Limited
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Inherited from Santos LimitedEmissions comparison with industry peers
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Oil Search Limited
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