| Sustainability Indicators | 2024 | 2023 | 2022 | 2021 | 2020 | GRI Disclosures | NOTES |
|---|---|---|---|---|---|---|---|
| Operating results | |||||||
| OIL & GAS PRODUCTION | |||||||
| Net working interest production (boe/d) | 49,924 | 54,536 | 52,049 | 46,998 | 46,518 | 2-6 | |
| Gross operated production (boe/d) | 23,458 | 24,529 | 26,279 | 21,907 | 16,860 | 2-6 | |
| NUMBER OF DRILLED WELLS (GROSS) | |||||||
| Producing wells | 21 | 47 | 45 | 34 | 25 | 2-6 | |
| Non-producing wells | 5 | 12 | 21 | 15 | 5 | 2-6 | |
| Environment | |||||||
| Reporting boundary: Operational control | |||||||
| ENERGY | |||||||
| Energy consumption within the organization (kWh) | 222,103,802 | 155,976,884 | 112,859,685 | 101,868,071.76 | 75,393,635 | 11.1.2, 302-1 | |
| Total energy consumption within the organization (TJ) | 799.57 | 561.52 | 406.29 | 366.7 | 271 | 11.1.2, 302-1 | |
| Energy consumption outside of the organization (TJ) | 443.51 | 474.14 | 606.41 | 409 | 217 | 11.1.3, 302-2 | |
| Energy intensity ratio for the organization(kWh/boe) | 19.91 | 13.98 | 11.77 | 12.74 | 12.22 | 11.1.4, 302-3 | |
| Energy consumption (TJ) | |||||||
| Electricity | 217.98 | 77.09 | 23.22 | 4.49 | 3.48 | 11.1.2, 302-1 | |
| Heating | 1.28 | 0.69 | 1.1 | 0.57 | 0.94 | 11.1.2, 302-1 | |
| Cooling | n.a. | 0 | 0 | 0 | 0 | 11.1.2, 302-1 | |
| Steam | 17.59 | 75.4 | 109.88 | 57.76 | 54.7 | 11.1.2, 302-1 | |
| GREENHOUSE GAS EMISSIONS | |||||||
| Parex's activities do not result in significant emissions of PFCs, SF6 and NF3. | |||||||
| Scope 1 - Gross direct GHG emissions (tCO2e) | 227,171.90 | 199,449.00 | 180,136.00 | 158,324.00 | 140,720.00 | 11.1.5, 305-1 | |
| CO2 (metric tons) | 203,457.35 | 161,228.16 | 143,658.41 | 140,436.77 | 123,032.27 | 11.1.5, 305-1 | |
| CH4 (metric tons) | 921.85 | 1,509.00 | 1,443.00 | 698.00 | 696.00 | 11.1.5, 305-1 | |
| N2O (metric tons) | 1.00 | 0.72 | 0.70 | 0.90 | 1.00 | 11.1.5, 305-1 | |
| HFC (metric tons) | 0.16 | 0.15 | 0.10 | 0.10 | 0.00 | 11.1.5, 305-1 | |
| Biogenic (Scope 1) CO2 emissions (tCO2e) | 2,377.98 | 1,491.14 | 1,449.43 | 868.44 | 349.91 | 11.1.5, 305-1 | |
| Scope 2 - Gross indirect GHG emissions, location based (tCO2e) | 12,127.79 | 3,105.00 | 635.00 | 176.00 | 150.00 | 11.1.6, 305-2 | |
| CO2(metric tons) | 12,127.79 | 3,105.00 | 634.00 | 176.00 | 149.00 | 11.1.6, 305-2 | |
| CH4 (metric tons) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.1.6, 305-2 | |
| N2O (metric tons) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.1.6, 305-2 | |
| Scope 3 - other gross indirect GHC emissions (tCO2e) | 4,112,106.57 | 4,347,406.21 | 3,659,267.35 | 2,828,434.00 | 2,695,995.00 | 11.1.7, 305-3 | |
| CO2 (metric tons) | 4,110,065.20 | 4,342,523.83 | 3,654,642.40 | 2,815,648.70 | n.d. | 11.1.7, 305-3 | |
| CH4 (metric tons) | 50.25 | 156.90 | 152.00 | 461.00 | n.d. | 11.1.7, 305-3 | |
| N2O (metric tons) | 2.34 | 2.85 | 1.90 | 3.90 | n.d. | 11.1.7, 305-3 | |
| HFC (metric tons) | 0.06 | 0.07 | 0.20 | 0.00 | n.d. | 11.1.7, 305-3 | |
| Biogenic (Scope 3) emissions (tCO2e) | 3159.01 | 3,439.57 | 4,414.56 | 3,030.72 | 1,552.00 | 11.1.7, 305-3 | |
| GHG (Scope 1 and 2) intensity ratio | |||||||
| tCO2e/Mboe | 21.45 | 18.16 | 18.85 | 19.82 | 22.83 | 11.1.8, 305-4 | |
| tCO2e/annual revenue (tCO2e/ 000s USD) | 0.19 | 0.14 | 0.11 | 0.15 | 0.24 | 11.1.8, 305-4 | |
| GHG emissions reduction (tCO2e) | |||||||
| Scope 1 | 207,205.81 | 184,841.00 | 268,611.00 | 130,425.00 | 67,133.00 | 11.2.3, 305-5 | |
| Scope 2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.2.3, 305-5 | |
| Scope 3 | 3,723.18 | 3,632.00 | 2,855.00 | 1,999.00 | 2,208.00 | 11.2.3, 305-5 | |
| Direct emissions by source (tCO2e) | |||||||
| Combustion emissions | 138,694.32 | 117,493.43 | 97,577.89 | 80,000.00 | 60,442.53 | 11.1.5. 305-1 | |
| Flare emissions | 74,929.97 | 50,630.11 | 53,317.56 | 69,885.15 | 72,339.49 | 11.1.5. 305-1 | |
| Fugitive emissions | 5,995.38 | 8,477.32 | 8,773.24 | 1,844.57 | 1,548.00 | 11.1.5. 305-1 | |
| Process emissions | 382.95 | 278.91 | 205.57 | 179.20 | 24.50 | 11.1.5. 305-1 | |
| Venting emissions | 7,169.28 | 22,569.67 | 20,262.17 | 6,415.19 | 6,365.59 | 11.1.5. 305-1 | |
| Flared gas (ftł*10^3/year) | 1,157,103.61 | 781,854 | 823,355 | 1,079,199 | 1,117,035 | ||
| AIR QUALITY & OTHER EMISSIONS (METRIC TONS, ALL SOURCES) | |||||||
| NOX | 8,141.50 | 8,343.01 | 7,081.33 | 5,419.15 | 5,121.75 | 11.3.2, 305-7 | |
| SOX | 50,007.90 | 53,618.18 | 46,255.49 | 35,876.53 | 34,357.58 | 11.3.2, 305-7 | |
| VOCs | 744.33 | 630.19 | 353.88 | 1,597.58 | 1,136.00 | 11.3.2, 305-7 | |
| PM, POP and HAP | n.d | n.d | n.d | n.d | n.d | 11.3.2, 305-7 | |
| ODS (CFC-11) | 0 | 0 | 0 | 0 | 0 | 11.3.2, 305-7 | |
| WATER | |||||||
| Total volume of water withdrawal (megalitres) | 10,536.90 | 7,343.01 | 4,747.11 | 5,461.29 | 4,302.95 | 11.6.4, 303-3 | |
| Water withdrawal, excluding produced water (megalitres) | 169.80 | 211.64 | 219.81 | 152.52 | 102.51 | 11.6.4, 303-3 | |
| Surface water | 24.43 | 80.60 | 105.73 | 55.36 | 47.47 | 11.6.4, 303-3 | |
| Groundwater | 63.21 | 62.42 | 15.02 | 27.04 | 23.44 | 11.6.4, 303-3 | |
| Seawater | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.6.4, 303-3 | |
| Produced water | 10,367.10 | 7,131.37 | 4,527.30 | 5,308.77 | 4,200.44 | 11.6.4, 303-3 | |
| Third-party water supply (municipalities or other companies) | 82.17 | 68.62 | 99.06 | 70.12 | 31.60 | 11.6.4, 303-3 | |
| Total water withdrawal from areas of water stress | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 11.6.4, 303-3 | |
| Other (reused) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.6.4, 303-3 | |
| Fresh water withdrawal per unit of production (L/boe) | 15.22 | 18.97 | 22.92 | 19.07 | 16.61 | 11.6.4, 303-3 | |
| Fresh water withdrawal by annual revenue (L/USD) | 0.13 | 0.15 | 0.13 | 0.14 | 0.17 | 11.6.4, 303-3 | |
| Water discharge by destination (megalitres) | |||||||
| Total water discharge in all areas | 10,444.66 | 7,205.30 | 4,628.05 | 5,363.86 | 4,228.00 | 11.6.5, 303-4 | |
| Total water discharge in formation water (reinjection) | 10,186.45 | 7,051.19 | 4,521.12 | 5,321.68 | 4,203.00 | 11.6.5, 303-4 | |
| Water discharge to third party | 258.00 | 154.00 | 107.00 | n.d. | n.d. | 11.6.5, 303-4 | |
| Total water consumption from all areas (megalitres) | 92.24 | 137.71 | 119.06 | 97.43 | 74.86 | 11.6.6, 303-5 | |
| Total water consumption in all the areas with water stress (megalitres) | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 11.6.6, 303-5 | |
| Water consumption per unit of production (L/boe) | 8.27 | 12.35 | 12.41 | 12.18 | 12.13 | 11.6.6, 303-5 | |
| Water consumption by annual revenue (L/USD) | 0.07 | 0.10 | 0.07 | 0.09 | 0.13 | 11.6.6, 303-5 | |
| Fresh water consumption in all areas (megalitres) | 99.97 | 136.98 | 145.7 | 112.7 | 77.88 | 11.6.6, 303-6 | |
| Fresh water consumption per unit of production (L/boe) | 8.96 | 12.28 | 15.19 | 14.09 | 12.62 | 11.6.6, 303-7 | |
| Fresh water consumption by revenue (L/USD) | 0.08 | 0.10 | 0.09 | 0.11 | 0.13 | 11.6.6, 303-8 | |
| WASTE (METRIC TONS) | |||||||
| Total hazardous waste | 529.33 | 802.00 | 733.91 | 2,061.24 | n.d | 11.5.4, 306-3 | |
| Hazardous waste by disposal method | |||||||
| Reuse | 23.04 | 28.10 | 27.83 | 15.69 | n.d | 11.5.5, 306-4 | |
| Recycling | 17.81 | 14.13 | 23.00 | 11.01 | n.d | 11.5.5, 306-4 | |
| Other recovery operations | 0.00 | 0.00 | 0.00 | 0.00 | n.d | 11.5.5, 306-4 | |
| Landfill | 264.09 | 351.81 | 289.34 | 130.31 | n.d | 11.5.6, 306-5 | |
| Incinerated (with energy recovery) | 26.70 | 9.27 | 6.54 | 0.00 | n.d | 11.5.6, 306-5 | |
| Incinerated (without energy recovery) | 32.40 | 10.97 | 37.90 | 42.56 | n.d | 11.5.6, 306-5 | |
| Other disposal operations | 165.30 | 387.72 | 349.31 | 1,861.66 | n.d | 11.5.6, 306-5 | |
| Total non-hazardous waste | 6,503.89 | 33,418.07 | 2,086.57 | 4,083.50 | n.d | 11.5.4, 306-3 | |
| Non-hazardous waste by disposal method | |||||||
| Reuse | 4,051.99 | 32,512.91 | 0.82 | 0.39 | n.d | 11.5.5, 306-4 | |
| Recycling | 1124.10 | 161.92 | 412.45 | 3282.41 | n.d | 11.5.5, 306-4 | |
| Other recovery operations | 9.20 | 0.00 | 0.00 | 0.00 | n.d | 11.5.5, 306-4 | |
| Landfill | 1318.61 | 738.28 | 1636.18 | 798.89 | n.d | 11.5.6, 306-5 | |
| Incinerated (with energy recovery) | 0.00 | 0.00 | 0.00 | 0.00 | n.d | 11.5.5, 306-5 | |
| Incinerated (without energy recovery) | 0.00 | 0.00 | 0.00 | 0.00 | n.d | 11.5.6, 306-5 | |
| Other disposal operations | 0.00 | 4.96 | 37.12 | 1.81 | n.d | 11.5.6, 306-5 | |
| TOTAL NUMBER AND VOLUME OF SIGNIFICANT SPILLS | |||||||
| Number of oil spills - operations | 1 | 0 | 2 | 2 | 0 | 11.8.2, 306-3 | |
| Volume of oil spills - operations (barrels) | 2.00 | 0.00 | 12.90 | 4.42 | 0.00 | 11.8.2, 306-3 | |
| Number of oil spills - transportation | 0 | 0 | 0 | 0 | 0 | 11.8.2, 306-3 | |
| Volume of oil spills - transportation (barrels) | 0.00 | 0.00 | 0.00 | 0.00 | 0 | 11.8.2, 306-3 | |
| Number of chemical spills | 2 | 1 | n.d | n.d | n.d | 11.8.2, 306-3 | |
| Volume of chemical spills (barrels) | 5.00 | 0.29 | n.d | n.d | n.d | 11.8.2, 306-3 | |
| Total number of tier 1 and Tier 2 process safety events | 1 | 0 | 3 | n.d | n.d | ||
| Health and Safety | |||||||
| Gross operated performance data, unless otherwise specified | |||||||
| OCCUPATIONAL HEALTH AND SAFETY (COLOMBIA ONLY) | |||||||
| Lost-time injury frequency (LTIF) (200,000 hours worked) | |||||||
| Employees | 0.000 | 0.260 | 0.000 | 0.000 | 0.000 | 11.9.10, 403-9 | |
| Contractors | 0.058 | 0.030 | 0.095 | 0.036 | 0.052 | 11.9.10, 403-9 | |
| Total | 0.052 | 0.050 | 0.087 | 0.032 | 0.044 | 11.9.10, 403-9 | |
| Total recordable injury frequency (TRIF) (200,000 hours worked) | |||||||
| Employees | 0.000 | 0.263 | 0.275 | 0.190 | 0.000 | 11.9.10, 403-9 | |
| Contractors | 0.087 | 0.193 | 0.190 | 0.180 | 0.210 | 11.9.10, 403-9 | |
| Total | 0.078 | 0.200 | 0.197 | 0.190 | 0.180 | 11.9.10, 403-9 | |
| Workforce accidents | |||||||
| Employees (#) | 0 | 1 | 1 | 1 | 0 | 11.9.10, 403-9 | |
| Contractors (#) | 3 | 7 | 8 | 5 | 4 | 11.9.10, 403-9 | |
| Lost time from accidents (hours) | 520 | 3,088 | 49,000 | 680 | 240 | 11.9.10, 403-9 | |
| Motor vehicle accident (MVA) ( 1,000,000 km driven) | 0.00 | 0.07 | 0.19 | 0.26 | 0.3 | ||
| Lost working days | |||||||
| Employees | 0 | 290 | 0 | 0 | 0 | ||
| Contractors | 65 | 96 | 6,125 | 85 | 30 | ||
| Total lost working days | 65 | 386 | 6,125 | 85 | 30 | ||
| Near miss frequency rate | |||||||
| Employees | 1.74 | 4.21 | 1.65 | 5.41 | 1.80 | 403-9 | |
| Contractors | 2.61 | 6.12 | 4.06 | 5.61 | 1.24 | 403-9 | |
| Total | 2.52 | 5.94 | 3.87 | 5.59 | 1.32 | 403-9 | |
| Fatalities (#) | |||||||
| Employees | 0 | 0 | 0 | 0 | 0 | 11.9.10, 403-9 | |
| Contractors | 0 | 0 | 1 | 0 | 0 | 11.9.10, 403-9 | |
| Fatalities (employees and contractors) | 0 | 0 | 1 | 0 | 0 | 11.9.10, 403-9 | |
| Fatalities - 3rd party | 0 | 0 | 0 | 0 | 0 | 11.9.10, 403-9 | |
| ISO 14001 Certification | |||||||
| Number of properties (blocks) | 45 | 39 | 40 | 41 | 24 | 11.8.3 | |
| Percentage of certified sites (blocks) | 100% | 100% | 100% | 95% | 96% | 11.8.3 | |
| Social | |||||||
| Corporate data, unless otherwise specified | |||||||
| EMPLOYMENT | |||||||
| Employee turnover (%) | |||||||
| Canada | 9.82% | 5.57% | 2.38% | 8.06% | 2.90% | 11.10.2, 401-1 | |
| Colombia | 15.91% | 6.42% | 4.08% | 6.15% | 3.45% | 11.10.2, 401-1 | |
| Corporate | 8.33% | 2.20% | 3.75% | 6.47% | 3.74% | 11.10.2, 401-1 | |
| Number of full-time employees by country | |||||||
| Canada | 83 | 87 | 81 | 62 | 51 | 2-7 | |
| Colombia | 360 | 358 | 343 | 309 | 297 | 2-7 | |
| Total number of full-time (or FTE) employees | 443 | 445 | 424 | 371 | 348 | 2-7 | |
| Number of part-time employees by country | |||||||
| Canada | 5 | 4 | 3 | 0 | 0 | 2-7 | |
| Colombia | 0 | 0 | 0 | 0 | 0 | 2-7 | |
| Total number of part-time (or PTE) employees | 5 | 4 | 3 | 0 | 0 | 2-7 | |
| Number of field employees | |||||||
| Permanent employees | 17 | 13 | 15 | 18 | 77 | 2-7 | |
| Temporary employees | 0 | 1 | 0 | 1 | 0 | 2-7 | |
| Total number of field employees | 17 | 14 | 15 | 19 | 77 | 2-7 | |
| Number of office employees | |||||||
| Permanent employees | 392 | 398 | 397 | 344 | 267 | 2-7 | |
| Temporary employees | 39 | 37 | 15 | 8 | 4 | 2-7 | |
| Total number of office employees | 431 | 435 | 412 | 352 | 271 | 2-7 | |
| Unionized employees (%) | 0% | 0% | 0% | 0% | 0% | 2-30 | |
| DIVERSITY, EQUITY, AND INCLUSION | |||||||
| Total workforce | 448 | 449 | 427 | 371 | 348 | 11.11.5, 405-1 | |
| Women in workforce (%) | 37% | 36% | 34% | 33% | 33% | 11.11.5, 405-1 | |
| Men in workforce (%) | 63% | 64% | 66% | 67% | 67% | 11.11.5, 405-1 | |
| Leaders and executives (#) | 104 | 103 | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Women (%) | 25% | 23% | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Men (%) | 75% | 77% | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Leaders (#) | 98 | 95 | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Women (%) | 25% | 24% | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Men (%) | 75% | 76% | n.d. | n.d. | n.d. | 11.11.5, 405-1 | |
| Executives (#) | 6 | 7 | 8 | 8 | 8 | 11.11.5, 405-1 | |
| Women (%) | 14% | 14% | 13% | 13% | 0% | 11.11.5, 405-1 | |
| Men (%) | 86% | 86% | 88% | 88% | 100% | 11.11.5, 405-1 | |
| Board of directors (Parex Resources Inc.) (#) | 9 | 9 | 10 | 9 | 9 | 2-9, 11.11.5, 405-1 | |
| Number of women directors | 3 | 3 | 3 | 2 | 2 | 2-9, 11.11.5, 405-1 | |
| Number of independent directors | 8 | 8 | 9 | 8 | 8 | 2-9, 11.11.5, 405-1 | |
| EMPLOYEE AGE CATEGORIES | |||||||
| Under 30 | 21 | 24 | 29 | 31 | 39 | 2-7, 11.11.5, 405-1 | |
| Between 31 and 50 | 346 | 348 | 331 | 286 | 262 | 2-7, 11.11.5, 405-1 | |
| Over 51 | 81 | 77 | 57 | 54 | 47 | 2-7, 11.11.5, 405-1 | |
| Employee average age | 45 | n.d. | 41 | 41 | 41 | 2-7, 11.11.5, 405-1 | |
| TRAINING & PROFESSIONAL DEVELOPMENT | |||||||
| Total training spending (millions of USD) | 0.9 | 0.47 | 0.29 | 0.78 | 0.43 | 11.14.2, 201-1 | |
| Average training hours per employee | 103 | 181 | n.d. | n.d. | n.d | 11.10.6, 11.11.4, 404-1 | |
| Employees receiving regular performance reviews (%) | 100% | 100% | 100% | 100% | 100% | 404-3 | |
| Economic | |||||||
| Company`s working interest, unless otherwise specified | |||||||
| ECONOMIC VALUE GENERATED & DISTRIBUTED (MILLIONS OF USD, UNLESS OTHERWISE SPECIFIED) | |||||||
| Direct economic value generated(earnings from total oil and gas sales) | 1280.03 | 1414.55 | 1643.59 | 1057.18 | 587.00 | 11.14.2, 201-1 | |
| Direct economic value distributed (operating costs, salaries and benefits, payments to providers of capital, payments to governments, and social investments) | 1157.89 | 1682.72 | 1331.37 | 763.73 | 509.06 | 11.14.2, 201-1 | 2020-2023 restated |
| Economic value retained: direct economic value generated minus economic value distributed | 122.14 | -268.17 | 312.22 | 293.46 | 77.94 | 11.14.2, 201-1 | 2020-2023 restated |
| Capex | 347.70 | 483.34 | 512.25 | 277.00 | 141.00 | ||
| Opex | 321.93 | 280.02 | 201.15 | 171.63 | 174.66 | 11.14.2, 201-1 | |
| Payment to providers of capital (dividends, interest on debts, and buybacks) | 116.35 | 119.65 | 75.49 | 47.63 | 0.00 | 11.14.2, 201-1 | |
| Payment to government (taxes and royalties paid) | 308.73 | 716.54 | 478.23 | 201.09 | 149.60 | 11.14.2, 201-1 | 2020-2023 restated |
| Salaries and benefits | 55.68 | 78.20 | 58.87 | 62.40 | 39.22 | 11.14.2, 201-1 | |
| STAKEHOLDER ECONOMIC BENEFITS (MILLIONS OF USD, UNLESS OTHERWISE SPECIFIED) | |||||||
| Social investments | 7.50 | 4.97 | 5.38 | 3.97 | 4.58 | 11.14.2, 201-1 | |
| Work for taxes | 31.55 | 15.70 | n.d | n.d | n.d | 11.14.2, 201-1 | |
| Total community investments | 39.05 | 20.70 | n.d | n.d | n.d | 11.14.2, 201-1 | |
| Investment in environmental programs | 3.24 | 3.70 | 0.82 | 3.56 | 1.07 | 11.14.2, 201-1 | |
| Dividends | 112.18 | 118.68 | 75.49 | 47.63 | 0.00 | 11.14.2, 201-1 | |
| Interest payment on bank note | 4.17 | 0.98 | 0.00 | 0.00 | 0.00 | ||
| Capital return to shareholders (buyback) | 73.79 | 105.00 | 221.00 | 218.00 | 172.00 | 11.14.2, 201-1 | |
| DONATIONS | |||||||
| Charitable | 0.51 | 0.08 | 0.09 | n.d | n.d. | 11.14.2, 201-1 | |
| Political | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.22.2, 415-1 | |
| Exchange rate COP-USD | 4,071 | 4,325 | 4,255 | 3,743 | 3,693 | - | |
| Sustainability Indicators | 2024 | 2023 | 2022 | 2021 | 2020 | GRI Disclosures | NOTES |
Personas ajenas a la CompañÃa están solicitando servicios y ofreciendo vacantes en nombre de Parex.
Tenga siempre presente verificar la autenticidad de las comunicaciones o solicitudes recibidas.
Si considera que una solicitud o comunicación es sospechosa, repórtela inmediatamente al correo: [email protected]
Ms. Bernard joined Parex in 2021 and is currently the Senior Vice President, New Ventures, leading a cross-functional team to identify and evaluate new business opportunities within and outside of Latin America. With over 29 years of industry experience, Ms. Bernard has built an extensive background in negotiating and managing upstream commercial agreements and contracts for E&P companies, including accountabilities for all relevant new business development, new ventures and commercial issues with partners, governments, and competitors.
Prior to joining Parex in 2021, Ms. Bernard held roles of increasing responsibility with Shell International Exploration & Production, where she contributed to both new business development and the communication of the overall strategic direction for RDS Group and its Upstream International business to the external community. She has also held roles with several international companies including CEPSA, Moore Stephens, and Amec.
Ms. Bernard holds a Masters of Science in Economics and a Bachelor of Arts Honors degree in Geography from the University College of London. In addition, Ms. Bernard holds a Non-Executive Director Diploma having completed the Pearson SRF BTEC Board Director Program.
