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Green Energy International Limited Expands Its CSR Footprints, Signs New MoU with Host Community

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Green Energy International Limited expands its CSR footprints, signs new MoU with host community

By Olushola Okunlade

Green Energy International Limited (GEIL), a leading oil and gas development company and the Operator of the Otakikpo marginal field has successfully negotiated and signed a new ‘’Memorandum of Understanding’’ (MoU) with one of its host community; The Ikuru Town Community.

The MOU signing ceremony was witnessed and endorsed by the Rivers State Government representatives, from the Ministry of Chieftaincy Affairs and Community Development. The MoU encompasses improved governance and administrative components that would support the delivery of development outcomes in target communities, reduce youth restiveness and promote inclusion of women and vulnerable groups.

The 5-year MoU covers a comprehensive operational structure that identifies key stakeholders who will act as sustainability drivers that would support Ikuru Town community to plan and undertake implementation of projects based on their development priorities and agenda; an approach that is yielding noticeable improvement in the social performance indices.

The CEO of the Company, Prof. Anthony Adegbulugbe confirmed its intention to conclude the installation of the LPG extraction plant and power plants within the next few months in Otakikpo which is intended to open a whole new vista of interlinked, multi-level and multi-sectoral development investments, with significant socio-economic and technological impacts.

Adegbulugbe added that the Company’s future expansion programs are anchored on sustaining a conducive and mutually beneficial relationship with its host community. He further used the opportunity of the occasion to provide assurance to the Ikuru community that the Company is set to commence the full field development of the field which will include drilling additional wells, expanding the production facility to handle the increased production and installing the first indigenous onshore terminal with a capacity of 1 million barrels at Otakikpo. This level of field development would definitely lead to a remarkable transformation of the host communities in terms of development and social change.

Commenting on the MoU signing, the Paramount Ruler of Ikuru Town; King A.M Ikuru, expressed appreciation to the management and staff of GEIL; for continuously supporting the building blocks of community transformation through the delivery of sustainable programmes. He added that this MoU regime is designed to improve citizen’s participation that seeks to encourage a positive alignment of locally executed MoU-projects in the community; thereby enabling Ikuru Town to evolve into a socio-economic growth pole and reference point within the Andoni LGA and Rivers State at large.

On his part, GEIL’s Director for Corporate Social Responsibility, HRH David Serena Dokubo-Spiff further reiterates that the MoU identifies various development phrase and project ratios necessary to capture community groups including women and vulnerable people through the development of community development plan (CDP) that reflects the needs and aspiration of the Ikuru Town people and jointly implemented by the Trust fund.

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Energy

Mele Kyari Has Transformed NNPC, Says PPRAC

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Mele Kyari Has Transformed NNPC, Says PPRAC

…As GMD Wins 2020 Zik Leadership Award
 
The Group Managing Director/CEO of NNPC Ltd, Mallam Mele Kyari has been commended for transforming the fortunes of the NNPC from a position of loss-making into a profit-making venture.
 
The Public Policy Research & Analysis Centre (PPRAC) gave this commendation while conferring its “2020 Zik Prize for Public Service Leadership’’ on the GMD, at the Eko Hotel, Lagos, at the weekend.
 
At a well-attended event also witnessed by the Emir of Kano, Alh. Aminu Ado Bayero; Emir of Lafia, Justice Sidi Bage (rtd), and several other dignitaries, Kyari received the latest recognition from the Kebbi State Governor, Abubakar Atiku Bagudu.
 
Speaking on behalf of the Centre, Chief Mac Wabara said Mallam Kyari was recognized following his distinguished leadership role and sterling achievements in the NNPC, which are all evident through the various reforms he instituted at the Corporation through transparency and accountability.
 
He said: “Mele Kyari continues to seamlessly transform the operations of NNPC, including deepening domestic gas utilization, rehabilitation of the nation’s refineries, and public disclosure of NNPC accounts, the first in NNPC’s 44 years of existence.”
 
He added that Kyari’s greatest achievement, no doubt, was turning around the fortunes of the NNPC, from a loss of position, into a profit-making entity.
 
“Under Kyari’s watch at the NNPC, the company declared a profit after tax of N287bn in 2020 after losses were reduced from N803bn in 2018 to N1.7bn in 2019. This is unprecedented in the history of the NNPC,” Wabara stated.
 
He further explained that Mallam Mele Kyari also consistently played a huge role in the enactment of the Petroleum Industry Act (PIA), stressing that with the coming of the legislation, the NNPC is now well-positioned to operate efficiently, like its global peers.
 
Responding, Mallam Kyari said in the last two years, the NNPC has automated its processes and systems; reduced its costs of operations, and focused on delivering value to Nigerians, in line with his Management vision of Transparency, Accountability & Performance Excellence (TAPE).
 
He added that the enactment of the Petroleum Industry Act (PIA) has placed a huge responsibility on the NNPC to do things differently and be much more accountable to its shareholders, the over 200 million Nigerians.
 
He said the Zik Leadership award will spur him and his Management team to work harder towards becoming an International National Oil Company that is at par with its global peers.
 
Other recipients of the prestigious Zik Leadership Award include the Lagos State Governor Babajide Sanwo-Olu; Nasarawa State Governor, Engr. Abdullahi Sule; former Secretary to the Government of the Federation, Chief Anyim Pius Anyim; Minister of State for Health, Senator Olorunimbe Mamora; Director-General and CEO of the Nigerian Maritime and Safety Agency (NIMASA), Dr. Bashir Jamo and MD/CEO of the Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji.
 
Established in 1994 by the PPRAC and now in its 26th edition, the Zik Prize in Leadership is aimed at highlighting Dr. Nnamdi Azikiwe’s legacy of patriotic fervor and nationalist vision.
 

Mele Kyari Has Transformed NNPC, Says PPRAC
Mallam Mele Kyari, GMD/CEO NNPC.

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Oil & Gas

Africa Oil Week 2021: Sahara Group Advocates Measured Transition In Africa’s Upstream Sector

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Moroti Adedoyin-Adeyinka, Exectuive Director, Sahara Group.

Olushola Okunlade Writes

A strong delegation from leading energy conglomerate Sahara Group will canvass the adoption of an “Africa appropriate” transition agenda in the continent’s upstream sector at the Africa Oil Week in Dubai, Executive Director, Moroti Adedoyin-Adeyinka has said.

Adedoyin-Adeyinka said the event which kicks off on November 8 needs to consider the disparate development level in Africa when discussing how best the continent and its global partners should approach the desirable goal of the energy transition. “We need to have realistic goals and milestones that will ultimately enhance energy transition in Africa in a manner that leaves no one behind. Sahara Group as a foremost promoter of access to energy and sustainable environments is delighted to join other African and global stakeholders to help shape a sustainable future for upstream business in Africa, she said.

According to her, a “responsible and cleaner” production and consumption of energy in Africa holds the key to unlocking economic prosperity on the continent. “We are increasingly witnessing a paradigm shift in oil and gas policies and operations in Africa, and this is commendable. How and when Africa achieves energy transition remains a huge talking point for the world at large and we need to keep the conversation going at AOW and other platforms. We envision that desired future at Sahara Group, and we are already aligning our operations, investments, and partnerships in this regard,” she added.

Scheduled to speak on “Diversity and Inclusion”, Adedoyin-Adeyinka will be joined by Henry Menkiti, Chief Operating Officer, Asharami Energy (a Sahara Group Upstream Company), Nicolas Mignot, Chief Financial Officer, Sahara Energy Int’l Geneva, Kola Motajo, Vice President, Treasury, Sahara Energy Int’l Geneva, Andrew Laven, Chief Operating Officer, Sahara Energy Resources, Dubai, and Temitope Olagbami, Head, Corporate Finance, Sahara Group.

Moroti Adedoyin-Adeyinka, Exectuive Director, Sahara Group.
Moroti Adedoyin-Adeyinka, Executive Director, Sahara Group.

Menkiti, Mignot, and Laven will speak on panels focused on Safeguarding and Strengthening African Upstream Portfolios through Technology & Innovation, setting the green agenda, and evolution of financing. “Bringing energy to life responsibly is a brand promise that propels our operations across Africa, Asia, Europe, and the Middle East and we remain committed to using the agency of thought leadership to promote global access to sustainable energy,” Adedoyin-Adeyinka stated.

Now in its 27th year, the AOW is a global platform that facilitates conversations, investments, and thought leadership in Africa’s upstream sector, bringing together governments, national and international oil companies, independents, investors, and service providers.

The event will among other issues examine the role of diversity and inclusion within Africa’s energy transition, set the context for Africa’s energy transition, explore where the greatest impact be made within the hydrocarbon industry to address ESG goals and highlight how to promote traditional energy projects to green-minded investors and funds.

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Oil & Gas

NLNG CEO, Tony Attah Ends Tenure In August 2021; To Hand Over To Philip Mshelbila

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Tony Attah, CEO NLNG
DR TONY ATTAH, NLNG CEO

The Board of Directors of Nigeria LNG Limited (NLNG) at its last board meeting approved the appointment of Dr. Philip Mshelbila as successor to Engr. Tony Attah, Managing Director and Chief Executive Officer. 

Engr. Attah will return to his parent company, Shell, on 30th August 2021 at the expiration of his five-year tenure at the helm of affairs. Engr. Attah was appointed Chief Executive Officer by the NLNG Board in July 2016.

NLNG EXHIBITION STAND AT NOG 2021 CONFERENCE, ABUJA
NLNG EXHIBITION STAND AT NOG 2021 CONFERENCE, ABUJA

 Dr. Mshelbila,  who is rounding-up his tenure as Chief Executive Officer, Atlantic LNG Company of Trinidad & Tobago, will be taking over from Engr. Attah on 31st August 2021. 

NLNG is an incorporated Joint-Venture owned by four Shareholders, namely, the Federal Government of Nigeria, represented by Nigerian National Petroleum Corporation (49%), Shell Gas B.V.  (25.6%), Total Gaz Electricite Holdings France (15%), and Eni International N.A. N.V. S.àr.l (10.4%).

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