Dolphin Energy Issues 2021 Sustainability Report

(MENAFN- The Peninsula) The Peninsula

Doha: Dolphin energy Limited yesterday released details of its 13th Sustainability Report, covering the company's operations and activities for 2021. 

The report was developed using the GRI Standards, Oil and gas Sector Disclosures, and the IPIECA oil and gas industry guidance on voluntary sustainability reporting. In addition, the company's performance has been aligned to the United Nations Sustainable Development Goals (SDGs) to contribute to a more sustainable future for all.

Commenting on the details of the report, Dolphin Energy's CEO Obaid Abdulla Al Dhaheri said:“Despite the challenge of COVID-19, we sustained our exceptional safety and operational performance, achieving our production target and maintaining an excellent relationship with our customers. We continued our pursuit of process improvement, as well as the implementation of our digitisation efforts. Our performance also reflects our diligent approach to managing our operations safely and efficiently in a way that has helped us reduce our environmental footprint”.

Notable environmental achievements include a 3 percent decrease in total Greenhouse Gas Emissions (GHG), a 25 percent decrease in flaring volumes, a 15 percent decrease in NOx emissions and a 32 percent decrease in SO2 emissions. Furthermore, the company recorded a 21 percent decrease in water consumption while 28 percent of all waste was recycled. In 2021, Dolphin Energy spent $8.8m on environmental expenditure while $2.2m was spent on community investments.

The company surpassed 10 trillion cubic feet of gas produced and 485 million barrels of condensate production since first gas in 2007. In addition, the company's offshore operations registered 14 years without a Lost Time Incident (LTI). 

In the area of nationalisation, the company met its Emiratisation target of 71 percent and achieved 30 percent Qatarisation, an achievement reflected by receiving a certificate in the 'Support & Liaison with the Education Sector' category at the energy sector's 21st Annual Qatarisation review meeting. Today, all executive positions in the company are held by Nationals. Meanwhile, procurement by local suppliers has grown to 95 percent.

Dolphin Energy's sustainability report won for the fourth time the Best Sustainability Report award from the Abu Dhabi Sustainability Group at the 2021 Abu Dhabi Sustainable Business Leadership Forum, a Certificate of Recognition from the ADSG for promoting sustainability management and best practices and a Certificate of Appreciation from the Environment Agency - Abu Dhabi (EAD) for supporting and strengthening the partnership framework and teamwork to protect and preserve the environment and enhance sustainability. 

Adding his comments about the importance of promoting sustainability management and promoting best practices, Dolphin Energy's General Manager – Qatar Ali Alrahbi said:“At the heart of this commitment is disclosure and it is critical that we report our performance in this way. Our stakeholders can see where our strengths lie and how we are acting responsibly”.

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