Maersk Oil Company Profile

10 General Information
General Information
11
Responsible Operations
As an onshore and offshore operator in established countries and frontier
regions such as Greenland, we recognise that our activities have an impact
on employees, the environment and local communities. Maersk Oil strives to
have a positive impact where it operates through local employment, training,
research and investment. In areas such as the safety and the environment,
Maersk Oil continues to improve its performance.
Demand for energy has increased significantly over the last
20 years and access to new resources is taking Maersk Oil into
challenging environments such as deepwater and the Arctic. In
both of these, and at its established operating centres, Maersk
Oil is committed to consistently identifying and understanding
the impact of its operations, consulting with others, designing
projects to avoid adverse impact and reducing waste, emissions
and discharges.
Maersk Oil considers this not only the right thing to do but also
crucial if it wants to be regarded as a natural partner for governments
and peers.
health, safety, security,
envirOnMent and Quality
Safety is a core value for Maersk Oil. From top management to
frontline staff, all employees made a commitment in 2011 to an
‘Incident-Free Maersk Oil’. This principle is based on a belief that
incidents are never inevitable and never acceptable.
6,000
people
All Maersk Oil employees and many contractors
attended workshops that encouraged a personal
commitment to safety as a core value and empowerment
to speak and act on safety issues.
Maersk Oil recognises that safety is not just about human
factors; it ensure that systems and controls are robust and
effective to prevent any accidents. Assessments of process
safety have been carried out in all oil and gas producing locations
and during 2012 Maersk Oil has been implementing
improvement plans.
Maersk Oil uses established international impact assessment
methodologies to understand and avoid impact on the environment,
and then certified management systems to control any
impact. In 2011, Maersk Oil certified all producing units to the
international standard ISO 14001.
In terms of management of greenhouse gas emissions Maersk
Oil has stated a target to reduce flaring from its operated facilities
by 50% from a 2007 baseline by 2012 and performance is
on target to achieve this.
cOrpOrate sOcial respOnsiBility
Maersk Oil is committed to conducting its business in a
responsible, ethical and sustainable manner. It aims to create
long-term value for its business and for host countries and is
committed to making a positive contribution to local communities.
This commitment is underpinned by Maersk Oil’s
support of the UN Global Compact and the Extractive Industries
Transparency Initiative.
Maersk Oil aims to support host governments and local
communities in their socio-economic development priorities
through education and training of local employees, contractors
and students and social investments to build capacity and
improve living conditions. Focus is on identifying and delivering
value-adding projects that leverage the knowledge and skills of
Maersk Oil and the entire A.P. Moller – Maersk Group.
respOnsiBle Business practices
Maersk Oil believes openness and collaboration is essential to
being a responsible partner. In 2011, Maersk Oil:
• Joined the Extractive Industries Transparency Initiative (EITI),
a global framework that promotes revenue transparency
through public reporting of company payments and government
revenues.
• Launched an ‘Action on Diabetes’ awareness programme in
Qatar with the Supreme Council of Health, the Hamad Medical
Corporation, the Qatar Diabetes Association and Novo Nordisk.
• Inaugurated the Maersk Oil Research & Technology Centre
at Qatar’s Science & Technology Park that focuses on
applied research and aims to foster a generation of accomplished
Qataris.