Strategy

We are building a profitable portfolio of assets that will combine operated and non-operated positions in large basins in mature markets such as US West Texas and UK North Sea, and in emerging markets like Azerbaijan and the greater Caspian region.

We focus on large hydrocarbon basins where sophisticated technical planning and strong operational execution can unlock value. We are not in the frontier exploration business. Instead, we use our subsurface skills to design and execute appraisal and development programs, including mature field production enhancement projects.

The successful execution of our strategy will require focused technical and operational expertise, strong partnerships and deep experience in the regions where we operate.