Creating a step change
in social enterprise investment
Historically we have invested in community social enterprise development and in 2010 we spent $2.6 million on over 70 projects, mainly in Africa. This year we will continue to support community projects and in addition we are focusing on identifying projects in areas that are critical for the success of the industry in new oil countries. This will deliver a step change in our social enterprise strategy and the level of investment we make.
We have formed an internal partnership between supply chain, human resources and external affairs to develop this initiative. This brings together the needs of the business with our stakeholders’ needs and will help us identify and undertake the right projects.
"Everyone has a role to play in increasing local content including governments, regulators, NGOs, banks, local communities and local suppliers. The task is to build a strong dynamic resource pool of people, goods and services. A vibrant business sector underpins a more open and competitive market. It connects business and stakeholders and it unlocks many doors and further opportunities."
David Mooney, Group Supply Chain Manager
"Local content is important for job creation and value addition. For operators, well developed local content can greatly reduce costs and project times. It is, therefore, vital that the Government, operators and contractors work together to create a competent local supply base of human and material resources
for the oil sector."
Hon Simon D’Ujang, State Minister for Energy, Uganda