highlights of operations
Our subsidiary Chevron Liberia Limited has deepwater interests off the coast of Liberia. Working with international and Liberian partners, we have drilled some of the first deepwater wells in Liberia in decades.
As part of our commitment to Liberia, we created the Chevron-Liberia Economic Development Initiative. Through this initiative, Chevron has invested in a variety of successful programs focused on health, education and enterprise development.
In Liberia, Chevron works through our subsidiary Chevron Liberia Limited. In September 2010, the Liberian government granted Chevron approval to acquire interests in three deepwater blocks. Since 2011, Chevron has maintained an office in the capital, Monrovia.
Chevron operates and holds a 45 percent interest in Block LB-14 off the coast of Liberia. The deepwater block covers 260,000 net acres (1,053 sq km). The LB-14 production-sharing contract expires in 2018.
in the community
Chevron has been doing business in Africa for a century. Wherever we work on the continent, we seek to improve the quality of life by employing and training local workers and investing in communities.
In 2010, the year Chevron began doing business in Liberia, we established the Chevron-Liberia Economic Development Initiative (C-LED).
In partnership with the Liberian government, donors, and national and international nongovernmental organizations, C-LED has helped deliver sustainable economic benefits to women, children and youth through programs focused on health, education and enterprise development.
As part of our contribution to Liberia’s post-Ebola recovery in 2015, we helped fund the Center of Excellence for Infectious Disease Control at the John F. Kennedy Medical Center in Monrovia. The medical center serves as a resource for health care workers across Liberia, focusing on clinical care, capacity building, research and advocacy. In 2017, the United States Agency for International Development granted $1 million to scale up and sustain the project.
Since its inception, C-LED has executed 80 projects that have reached into each of Liberia’s 15 counties. These projects were made possible with the support of 59 national and international social development partners. Our social investments have supported many initiatives that have helped Liberians across the country, including the following:
- More than 2.3 million beneficiaries – among them, children and pregnant women – received access to improved health care through programs sponsored by C-LED.
- The number of people who gained access to clean water and improved sanitation and hygiene facilities surpassed 650,000.
- More than 50 medical facilities received support through the provision of supplies, drugs and equipment.
- More than 300 U.S.-trained doctors went to Liberia through the HEARTT (Health Education and Relief Through Teaching) Foundation to provide basic health services.
- An entrepreneur loan fund helped 6,000 workers in the Liberia National Tailors, Textiles and Garment Allied Workers’ Union.
- The Liberia Marketplace was established to provide a place where locally produced products are displayed and sold to the public.
- About 300 microloans were issued, and six markets and warehouses have been upgraded.
- Three mini agro-processing centers were established in rural counties, supporting 750 woman-owned businesses.
- More than 2,300 women received business skills training and technical support.
- Seven education institutions were upgraded, benefiting 55,000 people.
- Nearly 5,000 students benefited from technical and vocational education and training programs.
- The first Cisco-certified information technology testing center – a career development and information technology program – has benefited more than 2,000 students.
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