Petoro works to secure the establishment of goals and the identification of action plans for energy-efficient solutions in the long-term plans of the production licences, and to ensure that these elements are carried over into the work programme and budget for implementation on the fields. The company is a licensee in Martin Linge, which is being developed with power from Kollsnes as its energy solution. The Johan Sverdrup licensees chose a development concept (decision gate 2) for the field in February 2014 which includes power from shore. The proposed solution will provide power for the first development phase.
The company contributes to creating environmentally conscious attitudes among all its employees, and continued waste sorting in 2013 as well as incentives established to increase the use of public and environment-friendly transport. Petoro give emphasis to efficient ICT solutions and good communication systems, and has built a modern collaboration and communication platform which integrates speech, data and video in a seamless interface with good opportunities to replace travel with videoconferencing.
Petoro reports emissions to the air and discharges to water from the portfolio in a separate chapter of its annual report on the environment, based on figures obtained from the operators. The company is concerned that the industry takes account of the environment and would note, in this context, that emissions/discharges on the NCS have been low by international standards for many years. No significant emissions to the air or discharges to the sea occurred from the SDFI portfolio during 2013. The figures will be reported in the external annual report as soon as they are available.
Petoro does not accept any form of corruption or other malpractice,
and employees are not permitted to receive remuneration from others in their work for the company. Guidelines on business ethics define what is regarded as corruption, and the consequences of breaching these guidelines receive special mention. No breaches of these guidelines have been recorded.
Petoro’s employees do not accept unlawful money gifts or other benefits, or offer these in order to secure an advantage for themselves, for Petoro or for others.
Employee directorships and jobs on the side must be approved by the president in order to avoid possible conflicts of interest. Guidelines on business ethics detail the consequences of breaches. No breaches of the guidelines have so far been recorded.