Our strategy is to deliver value for stakeholders from a balanced portfolio of exploration, development and production assets.
Exploration activity is principally in frontier and emerging basins where the greatest value potential exists. We are currently focused on generating cash flow from our North Sea assets, developing our Senegal resource base, progressing our North Sea exploration assets and continuing to replenish our exploration portfolio.
2018 strategic objectives
- Deliver Exploration and appraisal success
Purpose: Grow our resources and reserves.
- Portfolio management
Purpose: Maintain our optimal portfolio balance and maximise value.
- Mature developments
Purpose: Progress development projects.
- Deliver operational excellence
Purpose: Maximise revenues through efficient operations.
- Maintain licence to operate
Purpose: Deliver value in a safe, secure, environmentally and socially responsible manner.
- Deliver a sustainable business
Purpose: Maintain a self-funding business model.