OML 26 license contains several oil and gas discoveries including three producing fields on the western part (Ogini, Isoko and Ozoro), and two discovered / appraised fields (Aboh to the East and Ovo in the central area) that are in the process of maturation towards first production.
FHN is committed to achieving the best possible risk-adjusted returns for its stakeholders, and is dedicated to limiting the Company’s impact on the environment in terms of energy usage, waste generation and management, pollution control, good utilisation of resources, and its mitigation of various risks that could harm the environment.
Corporate governance is a fundamental part of FHN’s practice to promote fairness, accountability, and transparency in our responsibilities to stakeholders. We recognise the importance of good corporate governance practices in enabling us achieve our goals, control risks, and assure compliance.
Our anti-bribery policy exists to set out the responsibilities of FHN and those who work for us in regard to observing and upholding our zero-tolerance position on bribery and corruption
FHN is committed to conducting business in an ethical and honest manner and implementing and enforcing systems that ensure bribery is prevented. FHN has zero-tolerance for bribery and corrupt activities. We are committed to acting professionally, fairly, and with integrity in all business dealings and relationships, wherever in the country we operate. We adhere to the UK Bribery Acts (UKBA) standard in regard to our conduct.
Anti-corruption compliance policy for FHN (contractors)
Sexual harassment policy
FHN code of business conduct
FHN recognises that bribery and corruption is a punishable offence in the Laws of the Federation of Nigeria
If our company is discovered to have taken part in corrupt activities, we may be subjected to an unlimited fine, be excluded from tendering for public contracts, and face serious damage to our reputation. It is with this in mind that we commit to preventing bribery and corruption in our business and take our legal responsibilities seriously.
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