Nigeria

Nigeria

Record of Achievement

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Chevron began doing business in Nigeria in 1913, when Texaco® products were first marketed in the country.

Following the Nigerian Indigenization Decree of 1978, Chevron divested 40 percent of its shareholdings in Chevron Oil Nigeria PLC to the Nigerian public while retaining 60 percent equity.

In 1996, we built our 103,000-barrel state-of-the-art storage terminal and loading facility in Apapa.

Our energy exploration and production work began more than 50 years ago.

In 1963, American Overseas Petroleum Ltd.—which later became Texaco Overseas (Nigeria) Petroleum Co.—discovered oil at the Koluama Field, offshore Nigeria. In that same year, Chevron Nigeria Limited (CNL) started drilling near the Escravos River and found the Okan Field.

Discovered in 1998, the Agbami Field is one of the largest deepwater discoveries in Nigeria's history.

Health, Environment and Safety

Nigeria is one of three African countries participating in the Arrive Alive program pioneered by Chevron.

Chevron upgraded the Okan Platform, installed in 1963, and other mature platforms to improve pollution prevention measures and safety systems.

Chevron is working across its operations to eliminate routine gas flaring and venting in line with company requirements and local regulations.

Awards

CNL has received several awards and honors:

  • In 2003, CNL won the U.S. State Department's Award for Corporate Excellence. The company was praised for its work in Nigeria for, among other things, our airlift of more than 2,000 community members to safety in 2003 during ethnic conflict in the Niger Delta, the Riverboat Clinic and our HIV/AIDS prevention efforts.
  • The Nigerian Conservation Foundation honored CNL in 2002 with its Award for Environmental Excellence.
  • In 2014, the Chartered Institute of Personnel Management of Nigeria presented CNL with its Human Resources Best Practice Award, in the Overall and Oil and Gas categories.
  • Chevron was given an Award of Appreciation from the Tertiary Education Trust Fund in recognition of contributions made to improve the quality of education in Nigeria.
  • In 2012, CNL was named Best Community Development Company of the Year by the National Association of Energy Correspondents, a group of journalists covering the energy sector.
  • For CNL's contributions to the development of Nigeria's accountants, the Institute of Chartered Accountants of Nigeria gave CNL its Merit Award in the Corporate category.

Economy

Chevron is committed to the Nigerian government's policy on local content development. CNL fosters strong business partnerships with local service providers and product suppliers and works to increase their professional capabilities. CNL's Local Community Content Development team promotes commerce with local businesses.

Updated: May 2015

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