Society

Our team

Karoon recognizes the importance of attracting and retaining high quality personnel. Karoon is satisfied with its excellent exploration success rate and understands that this is mainly due to the caliber of the technical and operational personnel that it has recruited and retained. Similarly, the development and successful implementation of our commercial strategies reflect the commitment of our corporate team.

Karoon aims at ensuring that employees are involved in their work, motivated to improve their performance and to communicate openly at all levels. This is achieved through the various internal and external human resources policies and procedures that have been developed, and by giving employees the opportunity for training or further studies and ensuring that such employees stay informed through formal and informal briefing sessions.

The Health and Safety of our personnel is of utmost importance to Karoon and are carefully managed through our Operational Management System. For further information and the Occupational Health and Safety Policy in each office, click here. Karoon also assists the team in maintaining their health and general wellbeing through agreements with gyms, first aid courses, and defensive driving courses.

Diversity

Karoon considers that maintaining a diverse team is a key factor to maintain a competitive and successful business. We are committed to recognize the diverse capabilities residing within our workforce, such as differences in ethnicity, gender, language, age, religion, sexual orientation, socioeconomic status, experience and education. We believe that diversity makes Karoon more creative and productive in its decision-making process.

Karoon supports diversity through our Diversity Policy. Our diversity profile is demonstrated by the following statistics that were calculated based on our entire global workforce*

Overall, 44% of Karoon’s employees are female and 56%, male.

24% of employees in an Executive or Senior position are female, and women represent 47% of employees in full positions.

In our Technical departments (e.g. geologists, engineers, etc.), 42% of employees are female;

Women represent approximately 41% of employees in corporate positions (Finance, Legal, etc.) compared to 59% of male.

Approximately 57% of employees in an executive or senior professional position are aged over 50, and 87% of employees in a professional position are aged under 50.

Around 67% of all Karoon’s employees are aged between 30 and 49 years.

*As of June 30, 2018

According to the numbers above, Karoon has been working towards achieving diversity in our global profile of employees. We are proud of our current profile, but we will continue to promote:

Increased female participation in senior and executive positions;

Seeking opportunities for mentoring from executive and senior officers so that more junior employees obtain valuable information on Karoon and the oil and gas industry in general.