Bojonegoro, 25 March 2015 – ExxonMobil Cepu Limited (EMCL), an affiliate of Exxon Mobil Corporation, today announced $1.9 million in grant to support an education development program in Bojonegoro and Tuban, near its Banyu Urip Project location.
The grant was made as development of the Banyu Urip oil and gas project nears completion. The project has provided significant and lasting benefits to Indonesia and local communities, including more than $3 billion in investments and contracting of more than 460 Indonesian companies. Over the life of the project, Banyu Urip is expected to generate significant revenue for the government of Indonesia and benefits for local communities.
The grant from Exxon Mobil Corporation will enable six schools in Bojonegoro and Tuban regencies to undertake Putera Sampoerna Foundation’s School Development Program. The focus of the program is to improve teacher training, school management and governance, curriculum development and student training. More than 250 high school and junior high school teachers will benefit from the program. The program also involves the active participation of local education agencies and communities around the schools.
Commenting on the $1.9 million program, Nenny Soemawinata, Managing Director of the Putera Sampoerna Foundation said, “Our long-running partnership with ExxonMobil is based on a shared vision of improving education. Through ExxonMobil’s generous support, we’ve conducted various education programs across Indonesia. We look forward to working this new initiative with schools in Bojonegoro and Tuban.”
“We are proud to be working with Putera Sampoerna Foundation on this important program. Additionally, the Cepu Block Partners are looking forward to additional programs to support local economic development” said Jon M. Gibbs, President of ExxonMobil Cepu Limited, during the School Development Program launch at Bojonegoro, 25 March 2015. “By working together with local communities and local government, we continue to help improve the quality of life in the areas where we operate,” he added.
The Banyu Urip project, comprising the Cepu Block partners, PT. Pertamina EP Cepu and the Cepu Block Cooperation Body, has invested in workforce development, supplier development, and strategic community development programs for more than 70,000 community members in Bojonegoro, Tuban and Blora regencies.
Three focus areas for strategic community investments by ExxonMobil Cepu Limited are education, health, and economic development. ExxonMobil Cepu Limited was formerly known as Mobil Cepu Ltd.
About ExxonMobil in Indonesia
Subsidiaries of ExxonMobil and its predecessors have been operating in Indonesia for more than 100 years, and since 1968 have invested more than $20 billion in the country. ExxonMobil in Indonesia currently has more than 850 employees, over 90 per cent of whom are Indonesian. During its time in Indonesia, ExxonMobil has been active in developing and assisting communities around its core areas of operation.
About Sampoerna Foundation
Putera Sampoerna Foundation (PSF) is the first social business institution in Indonesia with the vision to create high caliber Indonesian future leaders and entrepreneurs able to face global challenges, who will contribute and bring positive changes to their respective communities. PSF believes that the vision can be achieved by providing quality education for Indonesian students, creating jobs through the development entrepreneurial spirit, enlightening the general public through women empowerment, and implementing compassionate relief program.