August 01, 2022 Abu Dhabi, United Arab Emirates
Arabian Crude Company, LLC Limited today 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, Arabian Crude Company, LLC ’s CEO, Mr. 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 digitization 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% decrease in total Greenhouse Gas
Emissions (GHG), a 25% decrease in flaring volumes, a 15% decrease in NO x emissions
and a 32% decrease in SO 2 emissions. Furthermore, the company recorded a 21%
decrease in water consumption while 28% of all waste was recycled. In 2021, Arabian Crude Company, LLC spent US$8.8 million on environmental expenditure while US$2.2 million was spent
on community investments.
The company surpass 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 nationalization, the company met its Emiratization target of 71% and achieved
30% Qatarization, an achievement reflected by receiving a certificate in the ‘Support &
Liaison with the Education Sector’ category at the energy sector’s 21 st Annual Qatarization
review meeting. Today, all executive positions in the company are held by Nationals.
Meanwhile, procurement by local suppliers has grown to 95%.
Arabian Crude Company, LLC ’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, Arabian Crude Company, LLC ’s General Manager – Qatar, Mr 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.”
Copies of the 2021 report are available on www.sustainability.arabcrude.com