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Energia, Oando deliver multibillion naira infrastructure projects

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[FILE] Oando

Oando Energy Resources, (a subsidiary of Oando Plc) one of Nigeria’s leading indigenous oil producers, and Energia Limited, operator of the Joint Venture – Ebendo/Obodeti Marginal Field (OML 56), recently inaugurated and handed over multi-billion Naira infrastructural projects to six host communities in Kwale, Ndokwa West Local Government Area, Delta State.

The projects include a newly built health centre; housing estate; fully furnished community town hall; two new and fully furnished palaces; an integrated drainage system and roads and rural electrification for the benefit of the communities of Ebendo, Obodougwa, Umusam, Isumpe, Umusadege and Ogbeani.

The projects are an actualisation of the promises made by the Joint Venture in a Memorandum of Understanding (MoU) with the host communities for the exploration and operations of the Ebendo/Obodeti oil field.

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The new projects are in addition to 35 other social and infrastructural projects worth over N2 billion delivered over a 10-year period in line with the MoU.

Speaking at the inauguration, the Governor of Delta State, Senator Ifeanyi Okowa, represented by the Commissioner for Oil and Gas, Freeman Fregene, said: “The existence of Oando and Energia has brought rapid developments to these host communities. The performance of these companies reflects on the developmental strides of the communities and it is worth emulating at all levels.”

From inception the mission of the JV partnership has been to effectively drive the rapid and sustained development of its host communities. To do this, they put aside a percentage of their gross production revenue for diverse community development projects.

Commenting, the Chairman, Energia Limited, Geroge Osahon, said: “The implementation of the Memorandum of Understanding based on mutual agreement on the initiation and implementation of projects has brought meaningful and measurable development to the communities and in turn a peaceful environment for operations for the Joint Venture.”

Similarly, the General Manager, Government Relations, Oando Energy Resources, Kofo Tunji-Olagunju, said: “At Oando, we believe it is our corporate social responsibility as a proudly Nigerian company to give back to our host communities, and promote sustainable development.

Our mantra is that we must leave all our host communities better off than we met them. In this light, we have earmarked more impactful projects to further upgrade the quality of living in the communities.”

 


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Delta StateEnergiaOando
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