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Dolphin Energy launches 2010 sustainability report

United Arab Emirates: Monday, August 01 - 2011 @ 14:24

It measures Dolphin Energy’s performance in 2010 against a set of sustainability performance indicators and targets set in 2009 and provides highlights across the following areas – creating economic opportunity, minimizing environmental impacts, ensuring safe operations, improving community engagement and becoming the employer of choice.

This year’s report was classified by the GRI as ‘A/GRI Checked’, indicating high levels of transparency and disclosure.

Commenting on this year’s performance, Dolphin Energy’s CEO, Mr. Ahmed Ali Al Sayegh, said, “I am particularly pleased that we have deepened our commitment to embedding the principles of sustainability across the company. The integration of sustainability key performance indicators into the business plan demonstrates our commitment for the long term as we implement measures that help to contribute to social development, economic growth and wellbeing locally and regionally.”

Highlights from the 2010 report include a reduction in flaring by 56%, compared with 2009, a 9% reduction in greenhouse gas emissions (GHG) from the previous year, as well as the development of a GHG Emissions Register in Qatar, based on EU guidelines and protocols.

Dolphin Energy’s Qatar Operations Division recorded more than 7.7 million man hours without a lost time incident (LTI) while the UAE Operations Division registered more than 7 million man hours without an LTI.

In addition the company reached a major milestone in producing 100 million barrels of condensate and 2 trillion standard cubic feet of natural gas. The completion of TFP in December 2010, saw the construction and laying of a 244 kilometer pipeline to meet the requirements of its customer the Abu Dhabi Water and Electricity Company.

Furthermore, Dolphin has seen an increase in the numbers of Emiratis and Qataris choosing to work for the company as it strives to meet the nationalization targets set out by the governments of the UAE and Qatar.

Mr. Al Sayegh said, “While we have made progress in our performance in some critical areas the report also outlines very clearly where improvements can be made. We have already begun the process of looking at this so that we meet our obligations.”

“This process of continuous improvement will help us to drive positive economic, social and environmental impacts and help us meet our obligations as an effective and responsible partner, neighbor and employer,” he added.

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Monday, August 1- 2011 @ 14:24 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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