Potential offtaker

Nostrum Oil & Gas PLC

www.nog.co.uk

Estimated electricity consumption

N/A

Countries of production presence

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Nostrum Oil & Gas PLC is a Netherlands-based company that operates in the crude oil and natural gas exploration and production (E&P) sector. The company is focused on the development of its assets in the Caspian region, primarily in Kazakhstan. Nostrum Oil & Gas PLC has been in operation since 1997 and has grown to become a significant player in the E&P sector.

The company's core business is the exploration, development, and production of crude oil and natural gas. Nostrum Oil & Gas PLC has a portfolio of assets that includes the Chinarevskoye field, the Rostoshinskoye field, and the Darinskoye field. These assets are located in the Caspian region, which is known for its significant oil and gas reserves.

Nostrum Oil & Gas PLC is committed to decarbonisation and reducing its carbon footprint. The company recognizes the importance of addressing climate change and is taking steps to reduce its impact on the environment. Nostrum Oil & Gas PLC has implemented a number of initiatives to reduce its carbon emissions, including the use of renewable energy sources and the implementation of energy-efficient technologies.

The company has also implemented a corporate energy strategy that focuses on reducing energy consumption and increasing energy efficiency. This strategy includes the use of energy-efficient technologies, the implementation of energy management systems, and the adoption of renewable energy sources.

Nostrum Oil & Gas PLC has also entered into a corporate power purchase agreement (PPA) for renewable energy. The company has signed a 10-year PPA with a renewable energy provider to purchase electricity generated from wind and solar sources. This agreement will help Nostrum Oil & Gas PLC to reduce its carbon emissions and support the development of renewable energy sources.

In addition to its commitment to decarbonisation, Nostrum Oil & Gas PLC is also focused on corporate social responsibility (CSR). The company recognizes the importance of operating in a responsible and sustainable manner and has implemented a number of initiatives to support this goal. These initiatives include community engagement programs, environmental stewardship, and employee health and safety programs.

Nostrum Oil & Gas PLC has also implemented a number of measures to ensure the safety and well-being of its employees. The company has a comprehensive health and safety program that includes regular training, safety inspections, and the use of personal protective equipment. Nostrum Oil & Gas PLC is committed to providing a safe and healthy work environment for all of its employees.

In conclusion, Nostrum Oil & Gas PLC is a Netherlands-based company that operates in the crude oil and natural gas E&P sector. The company is committed to decarbonisation and reducing its carbon footprint through the use of renewable energy sources and energy-efficient technologies. Nostrum Oil & Gas PLC has also implemented a number of initiatives to support corporate social responsibility, including community engagement programs, environmental stewardship, and employee health and safety programs. The company is focused on operating in a responsible and sustainable manner and is committed to providing a safe and healthy work environment for all of its employees.

✓ Declared Net Zero commitment