Browsing: SPDC

Speaking at the announcement of fund managers for Host Community Trust Funds on July 21, 2023 in Abuja, NUPRC’s Assistant Director, Host Communities Department, Olatokunbo Karimu, said from the 61 fully incorporated Host Community Development Trusts (HCDTs) in the industry, The Shell Petroleum Development Company of Nigeria  (SPDC) with its joint venture partners has the highest number of fully incorporated HCDTs of 23 followed by Agip with 13 while  Newcross Petroleum has seven in the third position.

SPDC in an update statement on Sunday, noted that a joint investigation by representatives of regulators, host communities, operator and state Ministry of Environment on Saturday found a breach on the TNP. The statement by Mr Michael Adande, spokesperson for SPDC, regretted the loss of lives in the incident and commiserated with families of victims.

Named in honour of the late Venezuelan Minister of Petroleum and one of the founding fathers of the Organization of the Petroleum Exporting Countries (OPEC), the award is the most prestigious recognition for an individual or organisation who has made notable contributions to the development of Nigeria’s oil and gas industry.

“Corporate Social Responsibility means doing well. What you have done today means you’re doing well. You are impacting the lives of the communities, of people, and of government of the state. You have done so well today, and we commend you. You are investing in education and in social development in Ogbia to improve the quality of life of our people,” Bayelsa State Governor, Senator Douye Diri said on Thursday while leading other state officials to open the state-of the-art facilities.

“The academy is primed to support in closing identified gaps in knowledge and skills that will enable Niger Delta youths to participate fully in the new opportunities that are now available in digital technology,” SPDC’s Director and Country Head, Corporate Relations, Igo Weli, said at the inauguration of the academy last week.