The Board of Directors has ultimate responsibility for the integrity and efficacy of all Nobel Upstream’s activities. Therefore, in addition to establishing a high-quality governance framework and business strategy, the Board of Directors also ensures that roles and responsibilities are clearly defined between shareholders, the Board and management.
The Board models its corporate governance framework on the standards for good corporate governance in the UK as reflected in the UK Corporate Governance Code.
The main principles of the Code are incorporated in the set of documents regulating oversight and day-to-day management of our company.
The Board of Directors meets at least 4 times per year.