Panoro-Logo
Search
Close this search box.
Search
Close this search box.

Our Responsibility

Corporate Social Responsibility Vision

Panoro’s mission is to deliver superior returns to our shareholders by finding and producing oil and gas at low cost and at an acceptable level of risk with a focus on Africa.

We meet our commitments efficiently and transparently and expect the same of our host governments, partners, employees, contractors and customers. We treat stakeholders fairly and respectfully by adhering to high standards of governance, business conduct and corporate social responsibility.

Anti-Corruption

Our corporate conduct is based on our commitment to acting professionally, fairly and with integrity. Panoro Energy does not tolerate any form of bribery and corruption.

Community and Local Impact

We believe that working in partnership with communities over a sustained period of time is the most effective way to achieve real results and lasting change. Our approach is to engage with our neighbours, community leaders, non-governmental organisations and charities with respect and dignity to understand the implications of our activities and changes in industry and wider society.

Environment

We are committed to understanding, managing and reducing the environmental impact of our activities and to implement internationally recognised environmental management systems to achieve this aim.

As an oil and gas exploration and production company, we have an important role to play in environmental management specifically in relation to impact of our seismic, drilling and production activities on the environment.

We are committed to operating our company activities, plants and offices as environmentally and energy efficiently as reasonably possible whilst minimising impact on biodiversity applying established As Low As Reasonably Possible (ALARP) principles and will report on our progress in these endeavours.

Safety and Sustainability

We will make proper provision for the health, safety and welfare at work of our employees, contractors and all others who may be affected by our activities.

Human Rights

As an international Company we have a responsibility to uphold and protect the rights of individuals in all aspects of our operations across the world; we also recognise the opportunity we have to contribute positively to global efforts to ensure that human rights are understood and observed.

Panoro is required to comply with the Norwegian Transparency Act which requires companies to carry out due diligence activities to ensure they are operating responsibly, respecting both human rights and decent working conditions.

Political Involvement

Laws and regulations governing the activities of public affairs practitioners or attempts to influence the policy environment vary around the world. Panoro Energy will uphold the spirit and letter of all relevant laws in relation to our political activities.

Security

The security of Panoro Energy’s staff, contractors and other stakeholders and Panoro Energy’s assets, including its intellectual property and other intangible assets, is vital to the success of the organisation. To this end, Panoro Energy will strive to ensure that effective security measures are in place and that all employees and contractors contribute to security.

Responsible Procurement and Supplier Management

We spend money purchasing goods and services to support the delivery of our business activities. In the course of this activity, we are responsible for delivering value to our investors, while observing responsible purchasing practices, which align with our business principles.

WHISTLEBLOWING

The company has implemented a Whistleblowing Procedure that is available in English, French and Arabic, it can be accessed on the company website and will be provided to direct suppliers, customers and other third parties as appropriate.

EQUAL OPPORTUNITY AND ANTI-DISCRIMINATION

In line with the International Labour Organisation Declaration on Fundamental Principles and Rights at Work, we are committed to maintaining a safe, productive, diverse, inclusive, professional, collegial and secure work environment in which all individuals are treated with respect and dignity. Discrimination, harassment or inappropriate conduct is not tolerated by or against employees, customers, suppliers, contractors or any other individuals who conduct business with Panoro Energy.

Panoro Energy ASA is an independent E&P company listed on the main board of the Oslo Stock Exchange with ticker PEN.

The Company holds high quality exploration and production assets in Africa with oil production from fields in Equatorial Guinea, Gabon and Tunisia.

Share Price

Latest News

Events

View the Third Quarter 2023 Results Presentation
Panoro Energy 2Q Trading & Results Update Webcast
Panoro Energy 1Q Trading & Results Update 24 May 2023, 09:00 .a.m. CEST

Documents

Q3 2023 Trading and Financial Update

Q3 Results Presentation

Panoro Energy Annual Report 2022