Our vision is to be a company that is incident free, delivers on our promises to our customers, and leaves the environments and communities in which we operate better than we found them. At every level of our organization, we lead with a commitment to operating safely and delivering quality products and services. This is embedded in our culture and everything we do. The Gunashli Oilfield’s health and safety policy is founded on top management vision, workplace health and safety, and encourages employee participation in the development of a culture of safety. The management of Gunashli Oilfield and its affiliates adheres to the idea of “zero tolerance” for losses and damage brought on by accidents and events and makes a commitment to meet all applicable international, national, and local standards in addition to applicable local laws.

The Gunashli Oilfield’s Alcohol, Drugs, and Psychotropics Policy and Safe Driving Policy prioritize an employee’s life and health while forbidding the use of alcohol, drugs, and psychotropic substances to prevent traffic accidents, lessen their effects, and minimize property damage. The management of Gunashli Oilfield and its affiliates adheres to the idea of zero tolerance for use of intoxicating substances, illegal narcotics, and psychotropics, as well as for financial losses and harm from traffic accidents. All Policies are a component of the business relationships between the Company and its partners and are applicable to all Group employees as well as employees of contractors and service providers. The goal of the Gunashli Oilfield Group Employees’ Health, Safety and Environment Leadership and Commitment Code is to improve the safe work culture, increase the personal interest of each Employee in preventing Incidents and ensure active involvement in health, safety and environment activities (hereinafter — HSE) within the Gunashli Oilfield.

The adoption of a Corporate Water Management Standard by Gunashli Oilfield was a significant development for the conservation of water resources in 2019. The Standard outlines the eight key water resource usage principles of the Gunashli Oilfield and provides a methodical approach to managing water resources. The CEO of the company also committed personally to sustainable water management in 2019 by signing a personal statement. We now follow stringent guidelines for the use of water resources, develop long-term strategies to minimize usage across the board, and implement new water-saving devices. In order to treat waste and salt water for industrial uses and provide more fresh water to the general people, we have already initiated a number of large-scale initiatives.

It is well known that having qualified contractors and the ability to work well with them gives a business an essential competitive advantage. To attain excellent performance and transparency during the full services period, the organization is attempting to enhance the contractor certification requirements. A structural component of the management system, the Gunashli Oilfield Corporate Standard on Contractors Cooperation on HSE Issues prescribes the requirements to contracts with contractors, including HSE Agreement, where compliance with HSE requirements and penalties for violations are included; contractor’s personnel, machinery and equipment pre-mobilization audit; and assessment of contractor’s HSE performance are provided.

Gunashli Oilfield will take a number of steps, as outlined in Strategy 2018–2028, to improve operational performance and technological practice, engage immobile oil to achieve maximum well productivity, and improve the technological and economic performance of geological and engineering activities in order to increase the operating assets production that naturally falls. These steps include:

• expansion of the innovation and technological base, including fields digitalization projects;
• removal of surface infrastructure restrictions after gas flaring and water recycling issues are addressed;
• growth of oil recovery factor at operational assets;
• enhanced flood control;
• polymer flood expansion;
• launch of additional exploration facilities at operational production assets.

Enhancing production efficiency in mature fields is a crucial part of the company’s future growth. To carry out this task, the Gunashli Oilfield production facilities continuously monitor their production processes for the purposes of optimizing them, observing the energy conservation policy, and looking for ways to increase the oil recovery factor, such as putting new wells into operation, hydraulic fracturing, well workover, additional perforation and re-perforation of formations, and polymer flooding.