Public Profile

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.

32

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.

0

Industry Benchmark

Tethys Oil's score of 32 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Let us know if this data was useful to you

Tethys Oil's reported carbon emissions

In 2024, Tethys Oil reported total carbon emissions of approximately 503,229,000 kg CO2e. This figure includes 2,888,440,000 kg CO2e from Scope 1 emissions, 79,000 kg CO2e from Scope 2, and 499,597,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 508,967,000 kg CO2e, with Scope 1 emissions at 1,977,000 kg CO2e, Scope 2 at 70,000 kg CO2e, and Scope 3 at 508,967,000 kg CO2e. Tethys Oil has set significant climate commitments, aiming for no routine flaring by 2030, which applies to both Scope 1 and Scope 2 emissions. This initiative reflects the company's commitment to reducing its carbon footprint and aligns with industry standards for climate action. The company has disclosed emissions across all three scopes, demonstrating transparency in its environmental impact reporting. Overall, Tethys Oil's emissions data and climate commitments indicate a proactive approach to addressing carbon emissions, with a focus on achieving net-zero emissions in the near term.

Unlock detailed emissions data

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

20172018201920202021202220232024
Scope 1
126,846,000
000,000,000
000,000,000
00,000
0,000,000
0,000,000
0,000,000
0,000,000,000
Scope 2
-
-
00,000
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
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tethys Oil'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 Tethys Oil is in SE, which has a very low 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.

Tethys Oil 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

Similar Organizations

ShaMaran Petroleum Corp.

CA
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 3 days ago

Energean

GB
Gas/Diesel Oil
Updated 8 days ago

Ophir Energy Plc

GB
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 4 months ago
DitchCarbon Score

Dno Asa

NO
Gas/Diesel Oil
Updated 5 days ago

Aker Bp

NO
Crude petroleum and services related to crude oil extraction, excluding surveying
Updated 3 days ago

Gulf Keystone Petroleum

BM
Non-specified Petroleum Products
Updated 4 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers