Systems and policies

Tullow has a full set of management systems, policies and procedures, standards and behaviours designed to ensure we deliver value for our shareholders and operate our business responsibly. These systems and policies are the framework for consistency across all areas of our business and are complemented by our corporate governance processes and monitoring and oversight by the Board.

Our Integrated Management System (IMS) sets the minimum business standards to be used throughout Tullow Oil's activities through a framework for managing all business activity throughout the organisation and provides a high level of business assurance by:

• A systematic approach to critical business activities;
• High standards in business and EHS performance;
• Legislative compliance throughout all operations;
• Sound risk management, planning and decision making;
• Efficient and cost effective planning and conduct of operations;
• Clear assignment of responsibilities; and
• Continuous improvement in all areas of the business.

Tullow's (IMS) is supported by an online tool that is periodically upgraded to reflect the continuous growth in the business and increased complexity of our portfolio.