BP Trinidad and Tobago

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BP

Trinidad AND TOBAGO COMMUNITY ENERGY AT WORK

www.besalcoenergia.cl


BP is a company that needs little introduction. As one of the a presence in over 80 countries and has over 80,000 employees. In world. Its daily output of oil alone reached an average 3.2 million As with any supermajor, BP does its utmost for CSR. These firms have of their firms outside of the P&L sheet. The evolution at BP Trinidad Trinidad and Tobago, the small Caribbean archipelago, has hosted of BP’s global oil and gas production, with just over 900,000 acres 13 offshore installations, two as-yet unchartered deepwater blocks in 2012.


“supermajors”of the global energy industry, it is well-known the world over. The company has 2014, it recorded total revenues of $358.7 billion, making it one of the largest companies in the barrels per day. been keen to improve the publics’ perception of them and show that they’re improving aspects and Tobago is indicative of the changes occurring under new CEO Bob Dudley’s stewardship. BP operations in one form or another since the 1960s. Its output now represents about 17% currently in operation off Trinidad and Tobago’s east coast. BP Trinidad and Tobago comprises and 899,000 acres yet to be accessed as part of a new production-sharing agreement signed


A Commitment to

CSR

The headline figures for BP Trinidad and Tobago are impressive in life of Trinidad and Tobago with its CSR initiatives. The company has and manpower development and the environment – all with one binding Tobago. At the core of BP’s CSR initiatives in the country have been what they’ve local community are trained so that they can partake in the employment with several NGOs to deliver on these goals. BP Trinidad and Tobago’s scholarships and incentives and technical and vocational training. It also Further up the educational ladder, BP has established a partnership BP founded an accredited Petroleum Geosciences undergraduate of these courses by providing staff to lecture full semester courses,


themselves but the company has also made a stellar contribution to the established relationships in areas of education, arts and culture, enterprise theme: a focus on the long-term empowerment of the people of Trinidad and

termed ‘capacity building.’ This has entailed ensuring that members of the and development opportunities offered on the dual island nation. BP works education initiatives have included remedial education programs, academic includes awards such as the top Secondary Entrance Assessment in Mayaro. with the University of the West Indies. There, along with otherstakeholders, programme at the beginning of the last decade. It commits to the quality provides prestigious guest lecturers and mentors students during summer


internships and final-year project. BP also sponsors MSc programmes in Petroleum and Resevoir Engineering, contributing just under $1 million a year towards the program. All in all, this has meant that, of 935 BP employees on the island, over 95% of them are from the local community. Outside of Trinidad and Tobago, BP hires a further 58 of its nationals, showing the lasting impact of their training and development practices. The company’s impact is not limited to career development. BP Trinidad and Tobago also contributes to humanitarian efforts in the country. It has an ongoing partnership with Habitat for Humanity on the islands, first developed in 1998. Together they have built houses in the poor Mayaro/Guayaguayare area as well as more homes as part of the Women Build Project.

Operating Locally An extension of BP’s commitment to the socioeconomic development of Trinidad and Tobago is its promise to use local partners wherever possible. The oil and gas industry has become the country’s largest with a noteworthy knockon effect of this being that many quality service channels have emerged to cater to giants like BP. As such, there are a range of smaller local companies which BP works with on the islands to carry out its functions. Earth Trinidad is a small multi-services company that helps BP with its waste management and other services. Digi-data is an IT solutions firm that BP turns to for managing its technology. The oil and gas industry, like every other, is

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churning out increasing amounts of data in its operations and having an on-call data solutions firm is therefore paramount. When BP requires testing on some of its sites, it can turn to NDT (Non-Destructive Testers) which provides it with ultrasonic and radiographic testing on its underwater sites. BP Trinidad and Tobago’s operations regularly require scaffolding and for this, it can count on its partnership with local firm, Safeway Access and Support Systems. Finally, several of its engineering functions on the islands – particularly dredging - are carried out in tandem with Capital Signal, a local engineering firm in operation since 1990.

Cleaning up its game BP has received huge amounts of criticism at media and government level over the past few years – and deservedly so in some cases. However, it’s important to provide a balanced picture and its operations in Trinidad give scope to do that. In over forty years on the island nation, BP Trinidad and Tobago has put in place world class CSR initiatives and continues to develop them. The vast majority of its staff are local, having been locally educated partially through BP’s resources and it maintains a strong network of partners in the country. When it wants to improve its reputation on a worldwide level, BP should look no further than its operations in Trinidad and Tobago for how it should be done.


BP Trinidad and Tobago 5 & 5A Queens Park West Plaza Port of Spain Trinidad & Tobago Tel: +1 868 623 2862 Fax: +1 868 627-7863 Email us: bptt@bp.com

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