Corporate Governance, Policies and Practices

Oildata puts a premium on ethical business practice. Directors, Management and Staff are g...

Corporate Governance, Policies and Practices

Oildata puts a premium on ethical business practice. Directors, Management and Staff are governed by a code of conduct built on a Compliance model called ACT (Accountability, Commitment and Trust), based on National and International best practices;
The ACT program includes corporate governance and policy management codes such as;

  • FCPA commitment and compliance
  • Board Corporate governance guidelines
  • Corporate Policy manual
  • Manual of Authorities
  • Policy on Gifts etc.
  • HSE management system (with ongoing process audits leading to eventual ISO certification)
  • Quality Management system (with ongoing process audits leading to eventual ISO certification)
  • Community engagement policy
  • Executive and other staff compensation policy.
  • Duty of loyalty and avoidance of conflict of interest document
  • Due Diligence requirement for investment projects and supply chain
  • Fund raising policy and practices
  • Financial audits
  • Document management System
  • Document retention and destruction policy

Our level of expertise, multi-skilled workforce and strategic alliances allow us provide clients with the most suitable, economical and innovative solutions for their Oil and Gas well challenges. Our solutions provide optimal well production and overall marketplace performance improvements.