AL HOSN GAS

Oxy is a partner in a 30-year joint venture with the Abu Dhabi National Oil Company (ADNOC) on Al Hosn Gas, one of the largest natural gas developments in the Middle East.

UNITED ARAB EMIRATES FAST FACTS

Top Safety PerformanceOxy conducts business in a manner that protects the health and safety of people and the environment at our facilities. Our consistently strong safety performance reflects our employees’ dedication to creating and maintaining safe work environments.

Low-Carbon LeadershipWith decades of experience in large-scale CO2 transportation, use and storage for EOR, we are applying our carbon management expertise to advance low-carbon initiatives that will sustainably enhance our business. Oxy is focused on decreasing our total carbon footprint and helping others achieve the same goal.

Pathway to Net ZeroOxy, leveraging its carbon management and storage expertise, expanded its vision for a low-carbon future by setting a target to achieve net-zero emissions with our operations before 2040 and anambition to achieve net-zero emissions associated with the use of our products before 2050.

Zero Routine Flaring Intiative MemberOxy was the first U.S. oil and gas company to endorse the World Bank’s “Zero Routine Flaring by 2030” initiative to reduce greenhouse gas (GHG) emissions. Our support of the program is part of the company’s global commitment to reduce GHG emissions in our operations and more efficiently use valuable methane resources.

Partner of Choice® Oxy is committed to operating responsibly; providing safe, healthy and secure workplaces; protecting the environment; maintaining high ethical standards; upholding and promoting human rights; benefiting our stakeholders; and respecting cultural norms and values, everywhere we operate.

Emirates FoundationOxy was one of the first supporters of the Emirates Foundation when it was established in 2005. We are proud to support the Emirates Foundation in its efforts to identify and develop young Emirati talent in science, innovation, financial literacy and volunteering.

Promoting STEMOxy participates in the Emirates Foundation’s “Think Science Fair,” a platform for connecting science and engineering students with the business sector. Our employees have helped judge this STEM-focused event.

Volunteering in the CommunityOxy supports the Emirates Foundation’s “Takatof” program, which promotes volunteerism. Volunteers have made Iftar meals and distributed Ramadan kits provided by the Emirates Foundation to workers at the fishermen’s port area in Abu Dhabi.

This brochure contains forward-looking statements based on Oxy’s current expectations, beliefs, plans and forecasts. All statements other than statements of historical fact are forward-looking statements. These statements are not guarantees of future performance as they involve assumptions that may prove to be incorrect and involve risks and uncertainties. Factors that may affect Oxy’s business can be found in Oxy’s filings with the U.S. Securities and Exchange Commission (SEC), which may be accessed at the SEC’s website, www.sec.gov.

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OPERATIONAL EXCELLENCEAl Hosn Gas production has exceeded expectations, due to optimization efforts that have required minimal capital. Production and throughput continue to improve with operational excellence.

MEETING ENERGY NEEDSOxy is a partner with Mubadala on Dolphin Energy Limited, which supplies natural gas produced in Qatar to markets in Oman and the United Arab Emirates (UAE). Dolphin Energy Limited is the premier trans-border natural gas project in the Middle East and one of the region’s largest energy initiatives.

MULTI-RESERVOIR DISCOVERYIn 2021, Oxy made a multi-reservoir discovery in onshore Block 3 in the UAE in partnership with ADNOC. Oxy has a 35-year concession for this block, which covers approximately 1.5 million gross acres (approximately 6,000 gross square kilometers) and is adjacent to Al Hosn Gas. Oxy also has a 35-year concession to explore and develop onshore Block 5, which covers an area of approximately 1 million gross acres (approximately 4,000 gross square kilometers) and is adjacent to onshore Block 3.