Sustainable Development
Dutchford E&P is committed to fulfilling the concept of Sustainable Development (SD) by integrating economics, environmental and social considerations in every decision-making process, balance short term priorities and long term needs and continuous stakeholder engagement at the various stages of the project.
The Udibe Field Development project, Dutchford E&P will align commitments with the host and associated communities through an executed Memorandum of Understanding (MoU). This strategy will allow for consistency in the management of community interface. It will also contribute to efforts geared at helping communities drive their own development in a sustainable manner. The goal is to ensure that there would be no disruption to project execution arising from the communities’ action while also providing opportunities for them to have economic and social benefits.
Sustainable Development (SD) Principles
The Udibe project will comply with the seven (7) MPN Groups SD principles and existing Nigerian regulations:
Generate Profitability
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Economic Contribution to Government
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Invest in Research & Development
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Increasing National Content
Manage Resources
Monitor and maintain :
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Carbon intensity >10 kg of CO2 e/boe
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Methane emission per metric tons of CH4
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Flaring intensity <5.5 scf/boe
Deliver Value to Customers
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Intelligent process automation
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Agile supply chains
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Value-based prioritsation
Respect and Safeguard people
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Safe operations and asset integrity
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Workforce protection
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Increase intake of apprenticeship and graduates
Working with Stakeholders
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Ensuring risk conscious business operations and governance.
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Zero tolerance to bribery and corruption.
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Actively promote ethical practices across all business operations.
Protect the Environment
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Reducing hydrocarbon discharge to water < 5 barrels annually
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Reducing sulphur oxide emissions <100 kilotons
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Industrial waste recycling, re-using and recovery.
Benefit Communities
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Include a senior member of the community into Dutchford Advisory Council (DAC).
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Double female representations across board and management positions.
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Increase targeted social initiatives and educational outreach.