Tethys Oil
Tethys Oil AB, commonly referred to as Tethys Oil, is a prominent player in the oil and gas industry, headquartered in Sweden (SE). Founded in 2001, the company has established a strong operational presence in the Middle East, particularly in Oman, where it focuses on exploration and production activities. Tethys Oil is renowned for its commitment to sustainable practices and efficient resource management, setting it apart in a competitive market. The company’s core services include the exploration, development, and production of oil, with a notable emphasis on maximising recovery from existing fields. With a solid track record of successful projects and a strategic approach to asset management, Tethys Oil has positioned itself as a reliable and innovative entity within the energy sector, continually striving for excellence in its operations.
DitchCarbon Score
How does Tethys Oil'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.
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.
Industry Benchmark
Tethys Oil's score of 19 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tethys Oil's reported carbon emissions
In 2023, Tethys Oil reported total carbon emissions of approximately 508,818,000 kg CO2e. This figure includes 235,604,000 kg CO2e from Scope 1 emissions, primarily from stationary combustion, and 273,144,000 kg CO2e from Scope 3 emissions, which encompass a range of activities including the use of sold products. The company has consistently disclosed emissions data across all three scopes (1, 2, and 3) over recent years. Notably, Tethys Oil's emissions have fluctuated over the years, with a peak in 2021 at approximately 538,812,000 kg CO2e. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a lack of formalised strategies for emissions reduction at this time. Tethys Oil's headquarters is located in Sweden (SE), and while the company has not outlined specific climate pledges or reduction initiatives, it remains committed to transparency in its emissions reporting.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 126,846,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Tethys Oil is not committed to any reduction initiatives 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.
