HSE & Corporate Governance

We believe that our ability to create long-term, lasting value rests on maintaining high standards of governance, sustainable business practices and operations.

Health, Safety and Environment (HSE) is of paramount importance to Pandion Energy. The Company operates in the oil and gas industry where operations can have a profound impact on the environment, communities and workforce. The consideration of HSE is thus of strategic importance and a prerequisite for the Company and our stakeholders.

Pandion Energy has established a comprehensive HSE management system, requiring competent employees and contractors to deliver compliant operations through rigorous planning and execution, as well as being a system for effective risk management.

Technical, economic and HSE considerations are an integrated part of our decision-making and operational processes to achieve long-term sustainability of the business and to reduce risk. We constantly strive to manage the HSE risks by understanding what can go wrong, and thereby minimising the possibility of it occurring, and reducing the potential consequences. Effective management of the HSE risks is about embedding the HSE practices into our company’s culture and operating procedures.

The management system is a key component of our governance model, which incorporates activities at the shareholder and market level, the Board level and the management level.

An active and responsible partner

Pandion Energy aims to be recognised as an active and responsible business partner and believes that sound business decisions are a product of a strong team, an active board and a competent owner. The Company’s core values being Professional, Agile, Commercial and a Team player, are an integrated part of its culture.

Together with our investor we seek high standards of performance and professionalism founded on honesty, integrity and fairness in our business practices. We work together with partners and contractors based on the same principles of integrity and fairness with zero tolerance for bribery and corruption.

We are committed to an open and transparent communication with our partners, regulatory authorities and all stakeholders, through promoting proactive dialogue and seek honest feedback on all our activities.