Yemisi Izuora/Ijeoma Agudosi
An indigenous oil firm, Seven Energy International Limited has become a member of the ‘Voluntary Principles on Security and Human Rights’ initiative.
The company was admitted into the Corporate Pillar category and becomes the first indigenous firm in the Nigerian oil and gas industry to be accorded such recognition.
The Voluntary Principles Initiative is a multi-stakeholder initiative involving governments, companies, and non-governmental organisations that promote implementation of a set of principles that guide oil, gas and mining companies on providing security for their operations in a manner that respects human rights.
Specifically, the Voluntary Principles guide companies in conducting a comprehensive human rights risk assessment in their engagement with public and private security providers to ensure human rights are respected in the protection of company’s facilities and premises.
Commenting on the achievement, Phillip Ihenacho, Chief Executive Officer, Seven Energy, said, “We are excited that the plenary has approved the application of Seven Energy to join the prestigious Voluntary Principles Initiative after a rigorous selection process.
“This recognition underscores how we have conducted our operations across our host communities in a manner that promotes public safety and respect for the rights of the people”.