Recruitment Fraud Alert

It has come to our attention that various organizations or individuals are offering false employment opportunities at various positions within the Tethys Oil group. These false offers are fraud attempts intended to steal from the victims. We take these matters very seriously and are making efforts to shut down such fraudulent schemes.

Kindly note that all the group’s public vacancies are announced here on Tethys Oil’s corporate web, and candidates who seek employment with Tethys Oil are never required to pay any money.

What is recruitment fraud?

Recruitment fraud is a fraud offering fictitious job opportunities. This type of fraud is very common in the oil and gas industry. It is normally conducted through fraudulent websites or through unsolicited emails claiming to be from Tethys Oil.

How to identify recruitment fraud?

  • The applicants are normally requested to complete recruitment documentation such as application forms, terms and conditions of employment or visa forms. The Tethys Oil name and/or logo is often included on the documentation.
  • There is usually a request for personal information such as address, date of birth, CV and passport details, bank details etc.
  • The applicants are often requested to contact other individuals or organizations such as lawyers, bank officials, travel agencies, courier companies or visa/immigration processing agencies etc.
  • The perpetrators ask the candidate to make certain payments to progress the job application, for example, in respect of work permits, visas, travel arrangements, etc.
  • There is often an insistence on urgency.

What should you do and not do:

  • Contact your local police and provide them with all communications from the sender.
  • Do not disclose your personal or financial details to anyone you do not know.
  • Do not send any money

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 25 mmbo and 2C Contingent Resources of 13 mmbo and had an average oil production of 11,767 barrels per day from Blocks 3&4 during 2018. Tethys Oil also has onshore exploration licences in Lithuania and France and some production in Lithuania. The shares are listed on Nasdaq Stockholm (TETY).