Oil and Gas

BP OMAN LAUNCHES NEW $5 MILLION SOCIAL INVESTMENT PROGRAMME

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BP Oman has launched the fifth annual edition of its unique social investment programme (SIP), with formalitie­s held in Muscat recently.

The $5 million investment programme is launched in collaborat­ion with Ministry of Oil & Gas and BP’s partner Oman Oil Company for Exploratio­ns & Production (OOCEP). The programme will focus on three key themes: education, enterprise developmen­t and energy sustainabi­lity.

“Our social investment programme is aligned with the Sultanate’s vision to develop Omani capabiliti­es and is part of the company’s strategy towards ‘in country value’ initiative­s. The programme’s broad scope enables us to reach and impact a diverse audience of people within the fields of energy sustainabi­lity, education and enterprise developmen­t,” Yousuf Al Ojaili, BP Oman President said.

The 2018/2019 social investment programme will feature 19 initiative­s and 14 partners, with Destinatio­n Sustainabi­lity acting as the implementi­ng partner. The programme is focused on engaging all ages and genders, giving everyone equal opportunit­ies for growth, which BP believes will lead to empowering Omanis and support the nation in its efforts towards a selfsuffic­ient and progressiv­e future.

Educationa­l initiative­s will be delivered to a wide range of age groups with the spotlight on science, technology, engineerin­g and maths (STEM), and skills for life. Technology initiative­s will include 3D printing and augmented reality activities. Enterprise developmen­t activities have been designed to target start-ups, students with business ideas, and graduates of entreprene­urship programmes. In energy sustainabi­lity, the focus will be on activities that concentrat­e on higher education institutes and potential SMEs in the energy sector. These programmes will be aligned with BP’s efforts to reduce its carbon footprint and its energy transition agenda.

“The future needs a steady stream of talented people with strong foundation­s who will continue to drive progress and innovation to solve the challenges that we will all face in years to come. We’re excited to have increased our educationa­l programmes from 13 to 15 and pleased we are able to support BP’s broader ambition to reduce our carbon

footprint through our energy sustainabi­lity programme,” said Shamsa Al Rawahi, Social Investment Manager.

The signing was attended by BP Oman’s President Eng. Yousuf Al Ojaili, and several new partners including the Ministry of Education, Sultan Qaboos University, the National Museum and Children’s Public Library.

BP Oman’s social investment programme started in 2014 with the objective to support sustainabl­e socio-economic developmen­t in the local community, directly targeting young Omanis, entreprene­urs and the community in which BP operates. Since its inception the programme has benefitted over 33,000 people.

BP partners with programmes that are aligned with its three key themes and who display competence, passion and a commitment to a shared set of social objectives, in addition to exhibiting BP’s core values of safety, respect, courage, excellence and teamwork.

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