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Nexen's WayWe harness our exceptional talent, world-class assets and progressive technology to find and develop oil and gas resources around the world.
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  • Conventional Oil & Gas
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Global ReachNexen responsibly develops energy resources in some of the world’s most significant basins – including the UK North Sea, offshore West Africa, the United States and Western Canada.
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CNOOC Limited AcquisitionOn February 25, 2013, CNOOC Limited acquired Nexen Inc.
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How We WorkOur company policies support our commitment to responsibly developing energy resources.
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Sustainability ReportAs a responsible energy developer, we’re committed to disclosing our health, safety, environmental, social and economic performance.
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Nexen Volunteers Nexen is committed to community development. Volunteering is one of the key areas of our ReachOut program.
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Great Place to WorkSee what employees have to say about their careers at Nexen and why they enjoy working here.
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          • Nexen's Way
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          Nexen's Way

          • Purpose
          • Strategy
          • Values
          • Goals
          • Roadmap to Success
          Purpose

          How We Work. What We Do.

          We create value by responsibly supplying the energy that fuels people’s lives.

          The world needs clean, secure and affordable energy. We meet this need by harnessing our exceptional talent, world-class assets and progressive technology to find and develop oil and gas resources around the world. It’s Nexen’s way of building a profitable and responsible business.

          Nexen discovers and develops energy resources in some of the world’s most significant basins – including the UK North Sea, offshore West Africa, the United States and Western Canada. Using innovation, we generate value from our three core businesses: conventional oil & gas, oil sands and shale gas.

          Whether it’s using hydraulic fracturing technology to unlock an unconventional gas asset, implementing gasification technology in our oil sands operations, or drilling wells 34,000 feet deep in the Gulf of Mexico, we employ state-of-the-art techniques to maximize production while minimizing environmental impacts.

          In all our operations, Nexen’s talented employees are the key to making us a successful, responsible energy developer. We recognize, value and reward the contributions of high-performing individuals in achieving our objectives.

          Related Links


          Nexen's Way Poster
          Download (PDF 0.1MB)

          Strategy

          Building a Profitable and Responsible Business

          Leadership on responsible development: We earn and maintain our social licence to operate by working safely, responsibly and collaboratively with our stakeholders.

          Diversity: We maintain a diverse portfolio of assets, locations and commodity types to provide flexibility through changing economic conditions and world events.

          Early mover: We recognize opportunities early and acquire significant resource positions at a low cost.

          Partner on legacy assets: We develop strategic partnerships to invest in large-scale assets that deliver attractive returns.

          Talent & technology: We leverage the expertise and innovation of our people to unlock technically complex energy resources.

          Supported by a strong balance sheet: A flexible balance sheet enables us to finance large capital projects through the economic cycle.

           

          Related Links


          Watch the video A Day in the Life at Buzzard and see what life is like for the employees and contractors on this platform.

          Values

          Values that Set the Standard for Excellence

          By living these values, and following these rules of the game, we can take Nexen to the next level of performance.

          Protecting people and the environment: We each play a role in protecting the safety and well-being of ourselves, our co-workers and the communities and environment in which we work.

          Commitment to excellence: We drive for, and reward, high performance. We are passionate about delivering results and innovative in overcoming obstacles.

          Accountability: We each know our responsibilities and are accountable for our decisions, behavior and actions. We measure our results to validate our individual and shared ownership of Nexen’s successes and shortcomings.

          Integrity: We conduct business in an ethical manner and build relationships based on collaboration, honesty and respect.

          Courage: We’re not afraid to break from the pack. We have the confidence to speak up and make difficult decisions. We take informed risks based on facts to create value responsibly.

          Rules of the Game

          At Nexen, it’s not just what we do that matters – it’s how we get the job done. In high-performing companies, employees and managers know “the rules of the game” in terms of the expectations we have of ourselves, each other and how we work together. Working with a common set of values and rules promotes a culture of excellence, superior execution and accountability.

          Safety leadership: We commit to creating a safe work environment by following our Life Saving Rules.

          One company: We put Nexen’s interests before the priorities of a single division, team or individual.

          Challenge then commit: We challenge ourselves and each other through healthy, respectful debate. Then we commit to decisions as a team.

          Transparency: We build trust through open, honest and timely communication.

          Sound process: We implement efficient and effective processes that fit the importance and complexity of the job at hand.

           

          Related Links

          Learn more about our integrity and compliance.

          Goals

          Long-Term Performance

          Goals, like deadlines, focus the mind and inspire creative solutions to the challenges of responsible resource development. By challenging ourselves and each other to excel, we unleash our collective talent and expertise. In the process, we often discover we can achieve much more than we had ever thought possible.

          We will achieve superior long-term performance in:

          • safety & environmental stewardship
          • return on investment
          • reserves growth
          • production growth
          • people & organizational capabilities

           

          Related Links

          February 25, 2013 - Nexen Announces Completion of Acquisition by CNOOC Limited

          Roadmap to Success

          How We Work. What We Do.

          Nexen's Way is a framework that defines our purpose, strategy, values and goals. Watch the video as employees describe each of these foundational elements.

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