An international oil and gas company commissioned Environics to conduct an ESDD, as part of the assessments required to grant the company a bank loan for the purpose of developing its concessions.
ESDD aimed at providing an independent and objective evaluation of the company’s environmental & social policies and practices in existing gas fields against the standards and guidelines of IFC & Equator Principles.
Environics reviewed the company’s environmental and social system to check its compliance with the Equator Principles, the Egyptian Health, Safety & Environment (HSE) legal requirements, IFC performance standards as well as general HSE guidelines.
The review was done for onshore & offshore facilities of the company’s three joint venture companies.
The review covered the HSEMS, its implementation practices and assessment.
One of the site audits comprised both operation and construction activities, with focus on reviewing the HSE performance, including the adoption of HSE contractor management procedure.