Conducting business responsibly.
"Over the past few years, SOMOIL has been taking important steps towards creating the necessary foundations for sustainable and profitable growth , which has resulted in a consistent conformance of our performance to international standards."Edson R. dos Santos
Chairman of the Board and of the Executive Committee
in The Energy Year
2019-2023 Strategic ObjectivesWe are aware that we are navigating a highly challenging context that requires us to maintain a sense of responsibility and pragmatism in our actions based on the 6 strategic objectives defined.
|Prioritize safety and integrity, eliminating serious incidents and strictly complying with environmental regulations.|
AND COST REDUCTION
|Promote an immediate and continuous focus on efficiency and cost reduction, through initiatives integrated in the "EMAGRECE Program".|
|Improve profitability through continued increases in production - "Profitable barrels program" - and increased average selling prices through greater commercial competence.|
|Improve organizational effectiveness through increased execution capacity ("Right person in the right place program") and introduction of new ways of working.|
05 EXTERNAL RELATIONS
|Mature and expand external relations ("Ideal Partner Program").|
|Increase the reserve replacement ratio and diversify the business, thus preparing the company for the energy transition by exploring opportunities in renewable energy.|