Message from our COO
At Valeura, minimising environmental impact is integral to responsible operations. As an offshore energy producer, we are focused on managing environmental risks carefully, improving efficiency, and maintaining appropriate standards for our oprerations.
In 2025, we continued to focus on environmental performance through disciplined operational management and targeted improvement initiatives. Supported by our Health, Safety, Security, Environment, Community and Quality (HSSECQ) management system, our approach covers key areas including energy, water, waste, spill prevention, and broader environmental stewardship. During the year, Valeura renewed its ISO 14001, ISO 9001, and ISO 45001 certifications, reinforcing the strength of the systems that support safe, reliable, and responsible operations.
We delivered measurable progress. Total energy consumption decreased by 12.5% compared with 2024, while greenhouse gas emissions intensity fell by 13.4% to 69.8 tCO₂e/mboe. These improvements were supported by practical initiatives such as the Jasmine Low BTU Generator Project, the Ban Yen Bi-Fuel Project, and our ongoing marine vessel fuel-reduction measures, which helped reduce diesel use, improve efficiency, and lower emissions across our operations.
Alongside this, we maintained strong control in other critical areas. All produced water from our offshore operations was safely reinjected, with no discharge to the sea. We continued to strengthen waste management through improved segregation, reporting, and monitoring, while spill prevention remained a key operational priority supported by training, drills, and emergency preparedness exercises.
Our commitment also extends to the marine environment in the areas where we operate. In 2025, Valeura continued its environmental monitoring programmes and launched the Coral Restoration and Marine Conservation 2025 project in partnership with Chulalongkorn University, supporting reef restoration and marine ecosystem resilience in the Gulf of Thailand.
Climate change remains a material issue for Valeura, with implications for operational resilience, regulatory expectations, and stakeholder trust. Our approach is grounded in practical action, with clear governance, defined targets, and a continued focus on performance improvement.
The progress made in 2025 reflects Valeura’s commitment to responsible production, continuous improvement, and long-term value creation.
Dr. Greg Kulawski
Chief Operating Officer
