Our Strategy

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Our values and commitment

Kistos’ mission is founded on the principle of delivering value for our shareholders, our people, our communities, and our environment.

We aim to achieve this through the development of energy resources and infrastructure while adhering to our energy transition and social development objectives to ultimately benefit future generations.

Our approach to growth

Øyvind Gravås, Woldcam As

Since the company’s incorporation, Kistos has grown through strategic acquisitions, seeking opportunities across the energy markets. Our upstream portfolio is focused on assets with a strong production profile coupled with near-term development upside. Our strategy is guided by a flexible M&A mandate, not limited to an asset type or specific jurisdictions. This approach has allowed us to capitalise on overlooked value accretive opportunities outside of the traditional E&P model.

Led by an experienced management team with a successful track record of adept dealmaking and value creation, Kistos executed four landmark transactions in the space of four years between 2020 and 2024.

Our diverse platform

Sgp Sullom Voe Laggan Tormore

We offer our investors unique exposure to a diversified platform by investing across the upstream and midstream value chain in offshore and onshore environments, as well as in various jurisdictions and energy markets. In addition to our hydrocarbon activities, we are also actively involved in exploring renewable technologies such as compressed air at our gas storage facilities in Cheshire, UK and using our expertise to support the Porthos Project CCS in the Netherlands, which aims to store CO2 in a depleted gas field beneath the North Sea.

Our operational standards

Our Strategy Operational Standards
Courtesy of Shearwater

Kistos takes an uncompromising approach to its operations and is strongly committed to upholding the highest standards at all times. As operators and partners, we take risk management and health and safety very seriously and continually seek improvements where we can put people first. We have local teams in each of the countries we operate in providing on-the-ground support to ensure our operations are efficient and responsive across our portfolio.  

Over the course of its recent history, Kistos has built a reputation as being a dependable partner within the energy sector, forming strong working relationships with the energy industry’s leading energy majors and supermajors.

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Our partnerships

Kistos has built a reputation as a dependable partner in the energy sector. We have formed strong working relationships with several of the leading energy majors and supermajors.

We also hold proactive and constructive relationships with regulatory and industry bodies across the jurisdictions in which we operate. 

Kistos Strategy Vis