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“ well-being of our staff and their families

In 2020, the mental and physical health and

was our key priority as we have always

believed that sustainable development

must have its roots strengthened within the

internal fabric of organizations to ensure
”
lasting progress and continuity.

Welcome to our 2020 Sustainability Report. 2020 proved to be a defining
year globally in many ways than we could have imagined. As crude oil
prices dipped (price hovered around $20 per barrel by Mid-March) and
energy demand waned globally, it became necessary for us as an
organization, to rethink and alter our business plans and strategies in
order to survive the covid-19 crisis. A fall-out from this was a heightened
clamor for energy transition and a conscious almost urgent move away
from the use of fossil fuel to cleaner sources of energy like renewable
energy.

There is still a lot of work to be done, but by far our resilience and
commitment to success made 2020 a year where we turned our
challenges to opportunities and an avenue for sustainable growth and
development.

As the pandemic raged, our country and indeed most countries in the
world faced a health crisis as never before seen in recent times and
brought to the fore the integral role the private sector plays/can play in
fostering collaboration and results between itself and the government.
In 2020, the mental and physical health and well-being of our staff and

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