***Engages state’s stakeholders on PPL 236 field operations

AN oil exploration and production company, Emadeb Exploration and Production Limited, a subsidiary of Emadeb Energy Group, has reaffirmed commitment to fulfilling all obligations to the Emadeb-Eastern Obolo-Ibeno Host Communities Development Trust in line with the Petroleum Industry Act, 2021.

This was as it advances stakeholders’ engagement on its Ibom Field operations on PPL 236.

The commitment was made Monday by the Chief Executive Officer, Emadeb Energy Group, Mr Debo Olujimi alongside the Managing Director, Emadeb E&P, Dr Segun Ogunsanya, in Uyo, Akwa Ibom State Capital during an inaugural engagement with members of the Board of Trustees of the Host Communities Development Trust.
The seven-member B of T, chaired by Mr Dominic Ekpe, was inaugurated in April pursuant to the provisions of Petroleum Industry Act.
The meeting marked Emadeb E&P’s first formal engagement with the Trust since its establishment.

Speaking during the session, Mr Olujimi affirmed that Emadeb E&P will conduct its operations responsibly and in the best interest of the host communities of Eastern Obolo and Ibeno, Akwa Ibom State, and the Federal Republic of Nigeria.

He pledged that the company will engage the Trust with integrity, transparency and open mind while seeking the Board’s cooperation in strengthening the Trust’s administrative structures as the company finalises the requirements of its operational licence.

“We know that what we have come to do in Eastern Obolo and Ibeno communities is for the betterment of these communities, Akwa Ibom State and Nigeria as a whole. I want you to be rest assured that Emadeb E&P will do the needful.

“Deep offshore exploration is a highly technical and capital-intensive endeavour, and hopefully, we have successfully completed that phase.

“It is now time to work together in line with the plans we had already emplaced. We are all fully on board”, Olujimi said.

Emadeb E&P further reiterated that the Host Communities Development Trust remains central to its community relations strategy and that it will continually work closely with the Board and host communities to ensure sustainable development and shared prosperity.

The Chairman, B o T, Mr Dominic Ekpe, commended the CEO of Emadeb Energy Group, Olujimi, for prioritising the engagement. He then sought the company’s support for the take off of the Trust operation as well as the provision of administrative infrastructure and requisite funding.

As part of the stakeholders’ engagement, Emadeb E&P delegation also paid separate courtesy visits to the Paramount Ruler of Eastern Obolo Local Government Area, Chief Harry John Etetor and the Paramount Ruler of Ibeno Local Government Area, Prof. Effiong Bassey Archianga (the Akwaha Owong Ibeno).

Olujimi equally assured the traditional rulers of Emadeb E&P’s resolve to remain responsive to its corporate social responsibilities and discharge of every obligation stipulated under the Petroleum Industry Act for host communities.

The monarchs in turn commended the delegation for the visit and offered prayers for the success and safety of the company’s operations in their domains.

Emadeb Exploration and Production Limited is the upstream subsidiary of Emadeb Energy Group with focuse on the exploration and development of oil and gas assets in Nigeria.

The company holds interests in PPL 236, a shallow-water marginal field located about 30 kilometres offshore in a water depth of roughly 20 metres, and is committed to responsible operations, environmental stewardship, and value creation for host communities and stakeholders.