ENVIRONMENTAL RESPONSIBILITY REPORT
Standard Oils and Gas – Building Stronger Communities
This report demonstrates our continued dedication to collaborating closely with local communities throughout all exploration and drilling locations. Our goals are to ensure that our operations generate long-term value beyond energy generation, promote mutual growth, and provide societal benefits.
EXECUTIVE SUMMARY
Standard Oils and Gashas made large investments in local business growth, healthcare, education, and infrastructure support in our operations areas during the past year. We have kept lines of communication open, responded quickly to community concerns, and implemented projects that directly enhance quality of life by actively engaging stakeholders. Our goal is still to make sure that the development of oil and gas is accompanied by quantifiable benefits to the community.
Local Jobs Created in 2024
Invested in Community Projects
Schools & Training Centers Supported
%
Positive Community Feedback Rating
| Project Name | Location | Type | Status | Completion Date | Community Initiatives | Local Employment Impact | Social Investment Value |
|---|---|---|---|---|---|---|---|
| Delta-4 Well | Offshore – Block 17 | Deepwater Drilling | Completed | March 2024 | Scholarship program for coastal youth | 45 local hires | $800,000 |
| North Ridge Survey | Onshore – Basin 5 | Seismic Exploration | Ongoing | Dec 2024 (Est.) | Community health outreach & mobile clinic | 60 local hires | $1,200,000 |
| Blue Horizon | Offshore – Block 12 | Directional Drilling | Completed | July 2024 | Fishing equipment support for local cooperatives | 30 local hires | $500,000 |
| Orion-7 | Offshore – Deepwater Zone C | Ultra-Deepwater Drilling | In Progress | Feb 2025 (Est.) | Vocational training & apprenticeship programs | 80 local hires | $1,500,000 |
OUR COMMUNITY ENGAGEMENT POLICY
Being a responsible corporate citizen is important to Standard Oils and Gas. In order to create projects that address community objectives, we actively work with stakeholders, NGOs, and local leaders. Our strategy guarantees that every project contributes to sustainable social development, from infrastructure to health and education. Our promise is simple: we grow along with the communities we serve.