2013 Sustainability Briefing Agenda Sovereign and Political Risk Peter Botten, Managing Director Managing Social Risks Gerea Aopi, EGM & Executive Director Oil Search Health Foundation Ross Hutton, Mgr Strategy & Finance…
Dynamic Operating Environment Long standing relatively stable oil operations, with well developed relationships and understanding Active development, with significant investment: PNG LNG Trains 1 and 2 Other developments: Possible…
Social Understanding A Core Competency Oil Search sees itself as a key member of PNG society: Endeavour to understand PNG culture and play a part in managing change Fundamental to core strategy is enabling operating stability and…
New era of political stability in PNG ONeill Government making inroads on issues of accountability and risk to foreign investment: Sovereign Wealth Fund established ONeill Government commitment to combatting corruption Independent…
How the PNG Petroleum Regime fits in the World Comprehensive package of benefits to the State and the Project Area Landowners Direct benefits such as: Indirect benefits such as: Petroleum tax Employment and training Salaries and…
Partnering with Government and Community to deliver sustainable economic benefit Direct benefits flow to Our Focus project area 45 a) Develop institutional framework at national and provincial level 40 Others (IDG) b) Provide…
Social understanding now more important than ever Oil Search is developing a series of highly valuable growth opportunities: Delivery of these opportunities is, in part, dependent upon maintaining a stable operating environment Key…
Increasing transparency and accountability Long term track record in transparency Aim to lead by example: Strong advocacy role in PNG EITI adoption Walking the talk OSH Payments Report Industry Payments Report In-country…
Managing social risk - Kutmor Ltd Following success of Transwonderland (TWL) Historically provided support, training and mentoring to build business capacity in areas of governance, management, book-keeping practices and safety.…
2013 Sustainability Briefing Agenda Sovereign & Political Risk Peter Botten Managing Social Risks Gerea Aopi Oil Search Health Foundation Ross Hutton Sustainability Strategy Update Megan Christensen Q & As Closing Remarks Peter…
Business rationale A social license to operate Leveraging existing corporate systems Going outside of the fence is smart business Good return on investment Building social capital Approach Extending our occupational Malaria…
Achievements We have eliminated onsite occupational malaria transmission in our OSH operation sites. We have developed an innovative socialfranchising model to diagnose and treat malaria at the village level. We have supported…
Sustainability strategy on track Primary objective: ensure appropriate platform to support needs of growing business and changing expectations of stakeholders A focus on: governance, systems and controls, broadening capability,…
Loading...
