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.
FHN is committed to the highest standards of openness, probity, and accountability
An important aspect of accountability and transparency is a mechanism to enable staff and other members of the Company to voice concerns in a responsible and effective manner. Individuals are encouraged to disclose without fear of reprisal, any information which they believe shows serious malpractice or wrongdoing within the organisation. There are arrangements to enable this to be done independently of line management
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