The below is an archive of Oil Search Limited information. On 17 December 2021, the merger of Oil Search and Santos was completed. Oil Search is now part of the Santos Group. Information for Santos shareholders is available at https://www.santos.com/investors/
2020 saw Oil Search take significant steps to drive capital efficiency, sustainable cost reduction and absolute focus across our organisation. It also highlighted the importance of ensuring the safety of our people and reliability of our operations.
This report, which includes a Climate Resilience Addendum, outlines Oil Search’s performance and progress against our sustainability targets and efforts to reduce GHG emissions. It reflects our absolute commitment to a sustainable future; targeting to reduce the GHG intensity of our operated assets by more than 30% by 2030 and become a net zero energy company by 2050.