Yinson Production West Africa Limited has launched a Scholarship Programme for 10 students in Ahanta West Municipality of the Western Region.
The programme, named the ‘Yinson Scholars Programme’, provides financial assistance for 10 SHS students annually.
The programme targets students from low-income households in Yinson’s host communities at Apowa, Kejabil and Pretea, all in the Ahanta West district of the Western Region.
The scholarship covers a monthly stipend and basic necessities such as trunks, chop-boxes, exercise books, text books, pillows, calculators, school-bags as well as shoes.
Edward Mensah, Local Content and Corporate Social Responsibility Manager of Yinson Production West Africa, presenting the award said: “Yinson is grateful for the opportunity to give back to the local community where it is currently operating.
“At Yinson, we believe in investing in the future generation by improving access to quality education. I wish to congratulate our scholarship recipients, and hope each of you will achieve the success that your heart desires,” he added.
Mr. Daniel Payne, Public Relations Officer for Ghana Education Service (GES) Ahanta West, commended Yinson for the initiative: “Although there is Free SHS, this will go a long way to support parents and guardians in purchasing text books and other supplementary needs.
“This is the greatest opportunity that you can ever have; spend time to learn and make Yinson proud and encourage parents to provide the needs of their wards,” he added.
Nana Ebum, Queen mother of Kejebil, urged students in the community to take their studies seriously so they can also benefit from the scholarship scheme.
Mr. Anthony Ammissah, Chairman for the ceremony, also commended Yinson for the scholarships.
However, he urged Yinson to extend the scholarship to tertiary level when the beneficiaries end their three-year course and want to pursue their studies.
Yinson Production, Operator of the Offshore Cape Three Points (OCTP) Floating Production Storage and Offloading (FPSO) unit, was awarded the contract by ENI Ghana and its partners in January 2015. The FPSO is currently producing Oil and Gas from the OCTP block and will help supply power to Ghana for many years, contributing significantly to Ghana’s energy needs and economic growth.
Yinson has chosen Education as its Social Investment category and will help develop the quality of education in its host communities. Yinson also believes in improving the areas where it operates, and attaches the same level of importance to its Social Investment as it does to its core business. Yinson’s principles with its host communities have maintained a cordial and mutually beneficial relationship with the leaders and people of its host communities.
It has also contributed to development of host communities through value-added programmes, and empowered the indigenes of its host communities through employment and training programmes. Yinson’s other social investment projects include: the provision of a 1,000-seat assembly hall to Nkroful in the Western Region; a Welding Training Centre for the Takoradi Technical Institute (TTI), together with an annual provision of consumables worth US$15,000; as well as Partnered Futurestars Charity. Futurestars delivers Physical Education and sports coaching to five schools in Tema.