Report tools
-
Print
-
-
Notes for this page
-
Download
-
Glossary
A
- AA1000SES
-
AccountAbility AA1000 Stakeholder Engagement Standard
- ACET
-
Assists African governments to achieve long-term economic growth and transformation www.acetforafrica.org
B
C
- CCDP
-
Community Consultation and Disclosure Programme
- Conship
-
A wholly owned Ghanaian freight forwarding and logistics company www.conshiponline.com
- CNOOC
-
China National Offshore Oil Company
- CR
-
Corporate Responsibility
- CSO
-
Civil Society Organisation
E
- E&A
-
Exploration and Appraisal
- EHS
-
Environment, Health and Safety
- EHSMS
-
EHS Management System
- EIA
-
Environmental Impact Assessment
- EITI
-
Extractive Industries Transparency Initiative
- EMS
-
Environmental Management System
- ENSCO
-
Provider of offshore contract drilling services to the oil and gas industry www.enscoplc.com
- ES
-
Environmental Statement
- Eirik Raude (The)
-
a fifth-generation semi-submersible drilling unit
- ESIA
-
Environmental and Social Impact Assessment
F
- Farm-down
-
the sale of a percentage of a licence interest to another company
- FPSO
-
Floating Production Storage and Offloading vessel
- FTSE 100
-
Equity index whose constituents are the 100 largest UK listed companies by market capitalisation
G
- GHG
-
Greenhouse gases
- GIS
-
Geographic Information System
- GOELF
-
Ghana Offshore Emergency Leadership Forum
- GRI
-
Global Reporting Initiative
H
- H&S
-
Health and Safety
- HiPo
-
High Potential Incident
- HiPoFR
-
HiPo Frequency Rate measured in HiPos per million hours worked
- HR
-
Human Resources
I
- IFR
-
International Regulators Forum
- IMS
-
Information Management System
- IPIECA
-
International Petroleum Industry Environmental Conservation Association
- ISAE
-
International Standards on Assurance Engagements
- ISO
-
International Organization for Standardization
K
L
M
- MSF
-
Multi-stakeholder forum
N
O
- OGP
-
International Association of Oil and Gas Producers (The)
- ONE
-
Grassroots advocacy and campaigning organisation fighting extreme poverty and preventable diseases www.one.org
- OHSAS
-
Occupational Health & Safety Advisory Services
- OSRL
-
Oil Spill Response Ltd
- OSPRAG
-
Oil Spill Prevention and Response Advisory Group
R
- RBM
-
Regional Business Manager
S
- Safety Case
-
A document or suite of documents that identifies, assesses, and documents major hazards
- SE
-
Social Enterprise
- SMC
-
Senior Management Committee
- SRI
-
Socially responsible investment
- sq km
-
Square kilometres
T
- toes
-
Tullow Oil Environmental Standards
- TRI
-
Total Recordable Injuries
- TRIFR
-
TRI Frequency Rate measure in TRIs per million hours worked
U
V
- VAFR
-
Vehicle Accident Frequency Rate measured in vehicle accidents per million kms driven
W
- Well engineering
-
is responsible for the design, construction and maintenance of wells
- Well integrity
-
relates to the safety and ongoing viability of a well during its entire lifecycle
-
My Report
You do not have any pages or notes saved.
You can create your own list of important report pages and accompanying notes here. You can then print your selected pages and notes, download them as a PDF, or email a list of the pages you've saved.
To save a page, click the "Add+" button at the top of any report page.
To add a note to a page, click on the 'Notes' tab and fill out the form. If you want to add another note to the page, simply add it to the same form.
Your list of saved pages and notes will appear in this window.
The future direction
Social enterprise plays an important role in helping to achieve our vision of creating shared prosperity. As a result we are developing a more strategic approach to social enterprise investment.
2011/2012 strategic social enterprise initiatives
In 2011, we are developing a process and working group to ensure that Local Content, Human Resources and country offices can input into the development of our strategic social enterprise investment strategy. This will ensure that there is a direct link between our social enterprise initiatives and business priorities.
We are also establishing a new structure, governance processes and budget for the Tullow Education and Enterprise Development Fund, as well as identifying partners and projects for launch in 2012.
From 2012, 80% of our social enterprise investment and focus will be on projects that educate, build capacity and support local businesses to help develop an oil and gas industry in-country. The remaining 20% will focus on community projects.
Our strategic approach to social enterprise investment will focus on two clear work streams focused on:
- Building capacity for the oil and gas industry through education; and
- Promoting the development of small and medium size businesses that can become suppliers to the oil and gas industry.
We are establishing an education and enterprise development fund. All of the initiatives that come under this fund are aimed at helping to develop skills and businesses and fostering an environment where entrepreneurs can flourish. In addition the fund will support an independently administered scholarship scheme.
Building capacity
We have a responsibility to contribte to building local capacity for the emerging oil and gas industry in countries like Ghana and Uganda.
