NNPC, Oil Firm Sign (GMoU) With Host Communities In Bayelsa


As a part of its commitment to social performance and demonstration of value to its neighbouring communities within the Niger-Delta Communities, the Nigerian National Petroleum Corporation (NNPC) and FIRST Exploration and Petroleum Development Company Limited (FIRST E&P) Joint Venture have signed a Global Memorandum of Understanding (GMoU) with the KEFFES Rural Development Foundation (KDRF) in Bayelsa State.
The KRDF is the governing arm of the eight communities that have been identified as the neighbouring communities to the assets.
The KEFFES communities comprise of Koluama1, Koluama 2, Ezetu 1, Ezetu 2, Foropa, and Fish Town, Ekeni and Sangana.
“KEFFES” is an acronym formed from the initial letter of the names of each of the eight communities.
The GMoU is aimed at formalising the partnership between NNPC/FIRST E&P, KDRF and the Bayelsa State Government as critical stakeholders in the development of oil mining leases 83 and 85 (the Assets).
FIRST E&P is a Nigerian oil and gas company that was established in 2011 and commenced business operations in July, 2012.
At the signing ceremony held at the Ministry of Mineral Resources, Bayelsa State on Tuesday, August 14, 2018, the representatives of the eight communities expressed their delight with the GMoU, which seeks to among other things, encourage socio-economic development within the communities.
Speaking on the rationale behind the GMoU, the General Manager, Corporate Services, FIRST E&P, Mr. Emmanuel Etomi said the Joint venture partners are interested in the wellbeing their neighbouring communities and wish to contribute to their development.
“We are particularly happy with our neighbouring communities represented here today. Since we opened conversation and started engagement with them, the response has been good. At every level of our development, we have ensured that the communities are involved because they are critical to our collective success.