Papuan Oil Search Limited
Papuan Oil Search Limited, commonly referred to as Oil Search, is a prominent player in the oil and gas industry, headquartered in Australia. Established in 1929, the company has made significant strides in exploration and production, primarily focusing on Papua New Guinea and the surrounding regions.
Oil Search is renowned for its expertise in developing oil and gas resources, with a portfolio that includes both upstream and midstream operations. The company’s commitment to sustainable practices and community engagement sets it apart in a competitive market.
With a strong market position, Oil Search has achieved notable milestones, including successful partnerships and significant discoveries that bolster its reputation as a leader in the energy sector. Its innovative approach to resource management continues to drive growth and enhance its standing in the industry.
+45 vs industry average
Papuan Oil Search Limited’s score of 60 is higher than 53% 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 Papuan Oil Search Limited yet.
Papuan Oil Search Limited's reported carbon emissions
Papuan Oil Search Limited, headquartered in Australia, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Santos Limited, which may influence its climate commitments and emissions reporting.
As of now, Papuan Oil Search Limited has not established any documented reduction targets or specific climate pledges. However, it is important to note that any climate initiatives or targets may be inherited from its parent company, Santos Limited, which operates at a cascade level of 2. This means that while direct emissions data is not available, the company's climate strategy may align with the broader commitments and initiatives of Santos Limited.
In the context of the oil and gas industry, companies are increasingly focusing on reducing their carbon footprints and setting science-based targets. Papuan Oil Search Limited's future climate commitments may evolve as it aligns more closely with industry standards and the sustainability goals of its parent organisation.
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Papuan Oil Search Limited’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Papuan Oil Search Limited yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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