Afren becomes EITI supporting firm

Afren plc, an independent oil and gas company,  has become a Supporting Company of the Extractive Industries Transparency Initiative (“EITI”) on 20 May 2014.

The EITI is a global coalition of governments, companies and civil society working together to improve openness and accountable management of revenues from natural resources. It provides a robust methodology for monitoring and reconciling company payments and government revenues at the country level.

Afren operates in a number of countries around the world that appear in the lower half of Transparency International’s Corruption Perception Index. Several of these are EITI candidates or fully compliant.

Afren supports and complies with the relevant reporting processes in each country. Afren also endorses the EU and UK government’s commitment to ensure that listed and other large oil, gas and mining companies disclose payments to governments on a project-by-project and country-by-country basis.

 

Press Release, May 26, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply