Investor Presentaiton
UPDATE ON ACCIDENT AT BENIN RIVER VALVE STATION
Investigation leads to new safety procedures
SUMMARY
> Seven fatalities amongst third-party contractors; our
thoughts and prayers are with the families and
friends of all those who lost their lives
› Accident occurred as the mooring dolphin at Benin
River Valve Station was being modified to receive a
larger barge
> Three separate investigations into the immediate and
remote causes of the incident concluded: DPR led;
NPDC/Elcrest Investigation; Independent Investigator
> The investigations identified failure of the Permit to
Work system as the root cause of the incident and
recommended improvement actions
> In addition to the recommendations of the various
investigations, Elcrest has setup a team to drive
overall safety culture improvement
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