A robust strategic framework and commitment to open and transparent engagement ensure we continue to meet societal expectations and deliver against our corporate strategy and the aspirations set by our Company vision.

Our roadmap for strategically-aligned action

Oil Search’s vision is to generate top quartile returns for shareholders through excellence in socially responsible oil and gas exploration and production.

Our 2020 Social Responsibility Strategy supports this vision and the associated strategic objectives by promoting a stable operating environment and positioning Oil Search as a leader in socially responsible oil and gas exploration and production.

The Strategy focuses on achieving measurable goals that address our contribution to socio-economic development and reflect our commitment to continuous performance improvement, while also engaging and empowering our employees.

We continued to deliver on the Strategy’s key objectives in 2018.

Making lives better

We aspire to set the standard for private sector contribution to sustainable development. Read more.

Proud of what we do and how we do it

We seek to adopt industry best practice to manage material social responsibility issues, exceeding stakeholder expectations for governance, environmental and social performance wherever we can. Read more.

Engaging and empowering our employees

We seek to provide a workplace that celebrates diversity, supports learning and development and drives high performance. Read more.

In 2019, we will:

  • Review our Corporate Social Responsibility Strategy and objectives.
  • Detail our commitment to human rights in a standalone Human Rights Policy.
  • Begin implementing the recommendations of our grievance management review.
  • Map our supply chain and commence supplier engagement in responsible supply chain practices.
  • Complete a physical climate risk assessment and progress its implementation.

Engaging with our stakeholders

Engaging with our stakeholders

Oil Search’s stakeholder engagement approach recognises the importance of strong, mutually-respectful stakeholder relationships and the role they play in achieving business success and our vision.

In late 2018, we began a process to more effectively articulate and document our stakeholder engagement philosophy and approach. The aim was to capture Oil Search’s inherent behaviours and stakeholder engagement beliefs so we could transfer this knowledge and practice to our growing stakeholder engagement teams in PNG and Alaska.

We also strengthened stakeholder relationships in 2018 by supporting the PNG Government’s efforts to respond to or engage with communities, particularly in times of unrest. These are often the result of ongoing inter-tribal conflict or related to perceived or unfulfilled government commitments. As in previous years, we provided logistical support to facilitate dialogue and ensured government representatives and agencies were aware of their obligations.

In Alaska, during 2018 we concentrated on laying the foundations for enduring relationships and partnerships. We commenced negotiations on a land access agreement and obtained a Letter of Non-Objection for our appraisal drilling programme. We also outlined our Alaskan stakeholder engagement priorities which aim to create opportunity for dialogue, demonstrate our willingness to identify and understand suggestions and concerns, and establish a positive reputation within the community. In 2018, the focus was on developing local, State and Federal awareness of the project and sharing information with regulators, industry and the community.

Oil Search hosted multiple community meetings and workshops in Nuiqsut – the community closest to our project area – that focused on creating project awareness and gathering feedback on our proposed development activities. Appointing a local community liaison person was another important step as it provides a visible local access point to the Company. We also participated in local cultural, social, industry and government events across the state.

We are nearing the final stages in the development permitting process, with the Environmental Impact Statement (EIS) for the proposed Pikka Unit Development issued in November 2018. During this process, we were able to build on the considerable stakeholder engagement experience we gained in PNG by working collaboratively with local communities.

While the USA has well-defined State and Federal regulations, Oil Search chose to carry out these activities in addition to our regulatory obligations, reflecting the importance we place on establishing strong stakeholder relationships from the outset.

engaging with our stakeholders

View the SDG table

Oil Search’s stakeholder interactions in 2018

Oil Search has identified a range of current and emerging risks and opportunities that have the potential to impact our business and our stakeholders. The tables show the types of engagement we have with governments, investors, business partners, non-government organisations (NGOs), communities, our people and related stakeholder groups. Engaging with them helps us to understand the potential impacts and opportunities of our activities and any concerns stakeholders have about the Company, so we can ensure our strategy and public reporting meet their expectations. We anticipate these issues will evolve over time, so we engage in ongoing dialogue.