Social License to Operate in the Oil and Gas Industry, Driving the Sustainability Agenda

Despite the shortfalls sometimes, it is a primary objective today of the oil companies and their contractors to harmonize their aspirations with community expectations as a means of getting their projects embraced by the respective host communities.

Social License to Operate in the Oil and Gas Industry, Driving the Sustainability Agenda
Unless the relevant stakeholders including the host communities embrace an oil and gas project, there can be obstacles in the way of its implementation even if all the relevant regulatory permits and authorizations have been obtained. It is the reason oil companies (“IOCs”) and their major contractors nowadays attach significant attention to the sustainability agenda as means of achieving the social license to operate (“SLO”). Civil society is vocal in demanding accountability and transparency in the sector considering that oil and gas activities can have social, economic, and environmental consequences both positive and negative.
The views and opinions expressed in this article are those of the author(s) and not The African Exponent. Please email us with any questions.
Share this article
Linkedin share icon
Whatsapp share icon

Next From Your Saved Articles

Log in or create an account to add articles to your saved articles list.

Related Articles

The Collapsing Buildings: What The Law Says.

Many questions have been asked as to what causes t…

Sep 13th
Ugandan Court Rules that Using a foreign trademark in a business attracts payment of VAT

Some companies usually do business using foreign t…

Sep 9th
A Prenuptial Agreement, All You Need To Know

Couples enter into a written prenuptial agreement …

Sep 8th
They Claim To Be Revolutionaries, But Are They?

I encourage these young folks in the CDC who are n…

Sep 18th
PMI-ACP Exam (N0-1)! To Pass ACP Test Guide

Hurry Up, we are providing you 50% discount on pur…

Aug 20th
State Capture of Unwonted LTA, Brazen Infractions: Illegalities, Irregularities, and Transgressions

Endemic corruption and entrenched inequality have …

Aug 14th

Most Read Articles

1.

You will be glad to know that, we are offering 50%…

Sep 15th
Premium SAP C_S4PPM_1909 Exam Certification Dumps-[2021]
2.

VMware 1V0-61.21 Dumps Questions | 1V0-61.21 PDF D…

Sep 18th
Real 1V0-61.21 Dumps - Free PDF Questions to Pass Exam Easily
3.

I encourage these young folks in the CDC who are n…

Sep 18th
They Claim To Be Revolutionaries, But Are They?
4.

Content streaming has become a very much important…

Sep 13th
How can you fulfil your content streaming goals very easily?
5.

SAP C_TS451_1809 PDF Exam Dumps | SAP C_TS451_1809…

Sep 15th
Getting Ready With SAP C_TS451_1809 Exam Dumps

More Articles

"Right Choice is the Key to Success" by keeping th…

Sep 7th

Microsoft MS-700 PDF Exam Dumps | Microsoft MS-700…

Sep 7th

"Right Choice is the Key to Success" by keeping th…

Sep 7th

"Right Choice is the Key to Success" by keeping th…

Sep 7th

Hurry Up, we are providing you 50% discount on pur…

Sep 7th