Wellesley Petroleum Corporate Governance


Wellesley requires through our HSE Policy that all operations are completed without harm to the people involved, without damage to the assets used and with minimum impact on the environment.

The inherent dangers associated with oil and gas operations can only be controlled to an acceptable level (the ALARP principle) through active risk management. At Wellesley we have a robust risk management system to identify, analyse, evaluate, treat and monitor risks. This system is used for all projects we participate in.

With our growing licence portfolio, Wellesley intends to operate several exploration wells in the coming years. As well operator, Wellesley will ensure HSE is given appropriate consideration when selecting service suppliers to work with. Wellesley will ensure that all those who represent the company offshore are provided with high quality plans and guidance to minimise the risk of incidents.

Wellesley has developed a company management system that is actively used by all staff in the company. The system describes roles and responsibilities, so our people are aware of what is expected of them and how projects are to be managed. This ensures we deliver high quality work that is in line with all Norwegian regulations