Share info
+/- SEK Volume

Sustainability

Tethys Oil is an oil and gas exploration and production company with a primary objective of creating shareholder value working across the whole upstream industry lifecycle of exploration, appraisal, development and production. The Group considers a sustainable approach to its operations and projects to be critical to deliver long-term shareholder value.

A central tenet of Tethys Oil’s business model is to explore for and produce oil and gas in an economically, socially, and environmentally responsible way. The Group applies the same standards to its activities worldwide to satisfy both its commercial and ethical requirements. Tethys Oil strives to continuously improve its performance and to act in accordance with good industry practice and high standards of corporate citizenship.

Tethys Oil seeks to be a sustainable and profitable business long-term. Sustainability means running a business that is not only profitable but in tune with the requirements and expectations of all stakeholders both inside and outside the Group.

The Tethys Oil Sustainability Report 2017 comprises Tethys Oil AB (corporate identity number 556615-8266) and its subsidiaries (together “the Group” or “Tethys Oil”) and has been prepared in accordance with the regulations in chapter 6 and chapter 7 of the Annual Accounts Act.

Download and read Tethys Oil’s Sustainability Report 2017

 

 

About Tethys Oil

Tethys Oil is a Swedish oil company with focus on onshore areas with known oil discoveries. Tethys Oil's core area is Oman, where the company holds 2P Reserves of 22 mmbo and 2C Contingent Resources of 17 mmbo and had an average oil production of 12,162 barrels per day from Blocks 3&4 during 2017. Tethys Oil also has onshore exploration licences in Lithuania and France and some production in Lithuania. The shares are listed on Nasdaq Stockholm (TETY).