Our Strategy

Our strategy is built on the basis of turning the natural resources into energy for people and society which requires us to make significant investments and financial commitments. We use our competence to provide energy to a growing population in a responsible manner. Our strategy has the following key elements:

• - Commit to Environment and work in safe manner.
• - Concentrate in Core Operating Areas.
• - Fit for the future
• - High performance
• - Optimise capital expenditure Focus on Cost Efficiency.
• - Operational and Financial Flexibility.

What We Do

Our industry is facing challenges ranging from climate change and geopolitics to the energy markets. We believe our job is to turn them into opportunities. That’s why we’re looking for new ways to utilise our expertise in the energy industry and exploring opportunities in oil and gas around the world. Our ambition is to be one of the leader companies in oil and gas exploration, development and production.

Board and Executive Team

Red Sea Petroleum is led by industry veterans with extensive experience growing profitable upstream oil and gas assets. The company’s leaders have over many combined years of industry experience in key roles growing operations in different countries globally.

People and Values

Red Sea Petroleum we believe in our 5 values, Hands-on, Respect, Courage, Team Work, and strive for Excellence”. As we are in a very challenging business, we will be supportive, open, improve and friends as we move forward in our business.

Hands-on

We respect the world wherever we operate where we comply with laws and regulations. We perform in highest ethical standards and behave in trusted way with the others. We value diversity of people and thought in addition to caring about the consequences of our decisions.

Respect

We respect the world wherever we operate where we comply with laws and regulations. We perform in highest ethical standards and behave in trusted way with the others. We value diversity of people and thought in addition to caring about the consequences of our decisions.

Courage

What we do is rarely easy. Achieving the best outcomes often requires the courage to face difficulty, to speak up and stand by what we believe. We always strive to do the right thing. We explore new ways of thinking and are unafraid to ask for help. We are honest with ourselves, and actively seek feedback from others. We aim for an enduring legacy, despite the short term priorities of our world.

Team Work

Based on the strengths of our team we will accomplish more together as one team. We put the team ahead of our personal success and commit to building its capability. We trust each other to deliver on our respective obligations

Excellence

We are committed to excellence through our management system of operations.