About Us | Management  | Corporate Governance | Careers
The Board of Associated Oil is committed to business integrity and high ethical values across the Company's activities. As an essential part of this commitment, the Board supports high standards of corporate governance.

The Board consists of the Chairman, 2 non-executive directors and 2 executive directors.

Role Of The Board

The board is accountable to shareholders for the creation and delivery of strong, sustainable financial performance and long-term shareholder value. To achieve this, the board directs and monitors the company's affairs within a framework of controls which enable risk to be accessed and managed effectively. It sets the company's aims, ensuring the right resources are in place to achieve these aims, and reviews management and financial performance. The Board also has responsibility for the company's core values and standards for business conduct and for ensuring that these, together with the company's obligations to its stakeholders, are widely understood throughout the Company.

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2005 Associated Oil