Corporate Social Responsibility Report
Being a responsible corporate citizen
Key Petroleum is a responsible corporate citizen. Its workforce has taken to heart the need to ensure that the Company acts responsibly and in tune with its surroundings.
The Company maintains it belief that there are three important areas for it to monitor as it grows its business. They are:
- Social and Ethical policy and practices,
- Health and Safety policy and practices
- The Environment.
With its onshore acquisitions in the UK and an expanding work force that comes with those acquisitions, the Company is even more focused to ensure that all who are associated with it, whether in our offices, at our production sites or supplying third party services to us, share our views when it comes to responsible behavior in these important areas.
Putting something back
In Tanzania, the Company sponsored the drilling of a freshwater well and the installation of a pumping system for a primary school where all the children attending had previously been deprived of clean drinking water. That project has now been successfully completed and the children are enjoying the benefits of that work.
In the UK, where we now have two onshore producing oil fields, the Company is currently evaluating ways to provide some benefits to the local youth of the area.
Working in a safe and healthy environment
Again in the UK, the Company is reviewing existing procedures to ensure operations are conducted in safe and healthy environments. Various training courses for production staff in the area of fire prevention, first aid and environmental impact are held on a regular basis.
With regard to the environment, the Company has completed a number of Environmental Impact Assessments (EIAs) for its Italian projects which have been approved by the relevant authorities. An EIA is currently underway in Tanzania for the proposed pipeline route from the Nyuni Joint Ventures gas field to the gas production plant.
Into the future with the ultimate target
Now that Key is an oil producer as well as exploration Company looking for oil and gas, it will place greater emphasis in the coming years on production operations. However, the Company will continue with its philosophy of achieving an ultimate target of zero LTIs (lost time incidents), no material environmental impact and a safe and healthy community for all of its projects.
