As a part of its ongoing annual program for financially disadvantaged and meritorious students, Chevron Bangladesh has awarded scholarships to783 students from 23 educational institutions near the areas of its three gas fields—Bibiyana, Jalalabad and Moulavi Bazar.
According to a Chevron release, about 64 percent of the scholarship recipients are female while 55 scholarships are for students who achieved excellent grades in the 2021 Secondary School Certificate (SSC) exams.
The average pass rate of Chevron’s scholarship recipients in the 2021 SSC exams was cent percent, compared to the national and Sylhet division averages of 94 percent and 97 percent respectively.
Chevron Bangladesh started the scholarship program with only a small handful of educational institutions nearly two decades ago.
Aside from helping students’ overall academic performance, the company’s quality education support initiative also aims to improve the learning environment of schools near its three gas fields.
In addition to scholarships, Chevron support is provided in the form of additional teaching, computer labs, coaching support and endowment fund for selected schools, school uniforms, sports equipment, furniture, infrastructure, sanitation facilities and potable water.
As a part of the corporate social responsibility initiatives, Chevron seeks to promote long-term human progress through its global social investment areas of focus: economic development, education, and health.
Chevron, the US-based company, operates and holds a 100 percent interest in two onshore production sharing contracts (PSCs) in Bangladesh covering Block 12 (Bibiyana Field) and Blocks 13 and 14 (Jalalabad and Moulavi Bazar fields).
Source: United News of Bangladesh