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Crude Oil Extraction
AU
updated 2 months ago

Papuan Oil Search Limited

Company website

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.

DitchCarbon Score

How does Papuan 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.

19

Industry Average

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.

7

Industry Benchmark

Papuan Oil Search Limited's score of 19 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.

56%

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Papuan Oil Search Limited's reported carbon emissions

Inherited from Santos Limited

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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20122014201520162017201820192020202120222023
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
0,000
Scope 2
37,796,000
-
-
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000
000
Scope 3
-
-
-
-
-
-
-
00,000,000,000
00,000,000,000
00,000
00,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Papuan Oil Search Limited's primary industry is Crude petroleum and services related to crude oil extraction, excluding surveying, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Papuan Oil Search Limited is in AU, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Papuan Oil Search Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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