ShaMaran Petroleum Corp., a prominent player in the oil and gas industry, is headquartered in Calgary, Canada. Founded in 2010, the company has established a strong presence in the Kurdistan Region of Iraq, focusing on exploration and production activities. ShaMaran is renowned for its strategic assets, including the Atrush block, which has significantly contributed to its growth and market position. The company’s core services revolve around the exploration, development, and production of oil, with a commitment to sustainable practices and operational excellence. ShaMaran's unique approach to resource management and its emphasis on local partnerships have set it apart in a competitive landscape. With a track record of successful drilling programmes and a robust portfolio, ShaMaran Petroleum Corp. continues to solidify its reputation as a key player in the global energy sector.
How does ShaMaran Petroleum Corp.'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.
ShaMaran Petroleum Corp.'s score of 5 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
ShaMaran Petroleum Corp., headquartered in Canada, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. As there is no available data on their emissions or reduction initiatives, it is unclear how ShaMaran Petroleum Corp. is addressing climate change or its carbon footprint. The lack of reported emissions and commitments suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the oil and gas industry, companies are increasingly expected to set ambitious targets for reducing greenhouse gas emissions across all scopes, particularly Scope 1 and 2 emissions, which pertain to direct emissions from operations and indirect emissions from energy consumption, respectively. Without specific data or commitments, it remains to be seen how ShaMaran Petroleum Corp. will align with industry standards and expectations regarding climate action.
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.
ShaMaran Petroleum Corp. 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.