Chevron spends $3.6 billion on local content – Today.ng

Chevron Nigeria spent $3.6 billion on Nigeria content in 2015 as part of its commitment to local capacity building in boosting local economies and creating job opportunities.

The company said in its 2015 Corporate Responsibility Report that it consistently reserves significant portions of job scopes to benefit indigenous companies and community contractors from areas close to its operations.

According to the report, Chevron established the first and only simulation training facility for operations and maintenance training in Nigeria, which is operated by a local contractor.

It said that the company also supported the upgrade of existing local plants and facilities to drive in-country fabrication.

The company stated: “50 young Nigerians were trained in Offshore Facility, an in-country marine training school which Chevron is supporting with a $1 million scholarship to Nigerian Seamen over a period of five years.

Speaking at the global level, Chevron’s Chairman of the Board and Chief Executive Officer, John S. Watson, disclosed that over the past 10 years, the company has made approximately $1.9 billion in social investments in local communities.

Read more at https://www.today.ng/business/168559/chevron-spends-3-6-billion-local-content