Sustainability and
Responsibility

PIA Act:

The Petroleum Industry Act (PIA) of Nigeria, enacted in 2021, redefines the legal, regulatory, and fiscal landscape of the Nigerian oil and gas industry. It introduces a new licensing regime, emphasizes local content development, and restructures the Nigerian National Petroleum Corporation. At Transit Oil, we are committed to full compliance with the PIA. Our operations align with the Act’s provisions on upstream activities, environmental responsibilities, and community engagement. We ensure transparent financial reporting and adhere to the new fiscal regulations to maintain our standing as a responsible and compliant entity in the industry.

Environmental Impact Initiatives

• Assessment of Environmental Impact: We conduct thorough evaluations to understand the environmental implications of our projects, ensuring informed decision-making.
• Mitigation Strategies: Our strategies are designed to proactively reduce environmental harm, emphasizing sustainable practices in all operations.
• Compliance with Regulatory Standards: We rigorously adhere to environmental laws, upholding high standards of compliance to protect our planet.
• Monitoring and Management Plans: Continuous environmental monitoring and adaptive management plans underscore our commitment to long-term ecological well-being.

Social Responsibility Programs

• Stakeholder Engagement: We actively engage with local communities, valuing their input and insights in our environmental assessment processes.
• Health and Safety Protocols:Our safety protocols prioritize the well-being of our workforce and the community, fostering a secure and healthy environment.
• Training and Awareness Programs: We invest in comprehensive HSE training, enhancing awareness and best practices among our employees.