Snapshot Summary (PDF) Chapter 2 - Production & Construction (PDF) In 2009, the Consortium will spend $600 million on new capital investments for production support. Thus, combined with day-to-day operating costs, the Consortium will expend a total of roughly $1 billion in 2009 to keep the oil flowing. The combined production support efforts since 2007 are contributing 70,000 barrels per day to production. Thus, without the Consortium’s support investments, production would fall to only 50,000 barrels — only 40% of the current average of about 118,000 barrels per day. Chapter 3 - Reportable EMP Situations (PDF) One key measure of the project’s environmental protection performance improved significantly during the first half of 2009, continuing a four year positive trend. For the first six months of the year, the non-compliance situation rate dropped to 0.7 per month, about half the rate in 2008. Chapter 4 - EMP Monitoring & Management Program (PDF) The Environmental Management Plan work program for the first half of 2009 included two major spill prevention efforts along the export pipeline. - All major river crossings of the pipeline from Chad through Cameroon have received their first five-year inspection since production began, ensuring the ongoing integrity of the pipeline at these critical points on the route.
- Preventative retrofits are underway for nine high priority valve locations along the pipeline, following findings of a post-spill investigation last year.
Chapter 5 - Safety (PDF) Project safety advisors launched an enhanced accident prevention program in the second quarter — expanding on the project’s behavior-based safety approach emphasizing individual involvement and responsibility for safety. - The launch of the enhanced safety program arrived at an important moment, following two accidents earlier in the year that resulted in four lost time injuries.
- Although the project’s overall safety record remains well ahead of industry benchmarks, the accidents contributed to a decline in the project’s overall safety performance statistics.
- The drilling operation continues to maintain its safety record of no lost time incidents since project development began in 2000 — 24.6 million work hours without a major on the job accident.
Chapter 6 - Consultation & Communication (PDF) During the first half of 2009, the project held over 460 public consultation sessions, bringing the total for 12 months to over 860. More than 20,000 people attended project consultation sessions in the last four quarters. Chapter 7 - Compensation (PDF) The project’s new community compensation program has moved into the construction stage. Months of intensive collaboration helped residents choose their development projects, setting the stage for this new phase in the satellite oilfield areas of Moundouli and Nya. At mid-year, all 20 villages in the satellite oilfield areas had made their choices for community compensation, and six of the projects were already constructed. Chapter 8: Land Use in the Oilfield Development Area (PDF) After two years of intensive field work, survey teams have nearly completed all household-to-household interviews and mapping in all the villages most affected by project land use in the Oilfield Development Area. About 90% of the work has been done so far and plans are in place to finish the surveys by the end of 2009. - 2,300 of 2,600 households have been interviewed and nine of ten villages have been surveyed with only the village of Bero remaining.
- Site specific action plans based on the survey data have been developed for seven of the ten villages.
- All of the data has been entered into a map-based database system described as “state of the art” by the independent External Compliance Monitoring Group.
Seven field teams have been devoted to the two-part survey process, which includes socioeconomic interviews in every household in each village plus precision land mapping of their landholdings using GPS technology. Chapter 9 - Local Employment (PDF) Wages paid to the project's national workers for the last 12 months totaled 25.6 billion FCFA ($52.7 million). Chadians and Cameroonians held nearly nine out of ten of the project’s direct employment jobs at mid-year 2009, a result of the project’s ongoing efforts to optimize local hiring in the host countries. Chapter 10 - Local Business Development (PDF) The project’s purchases of goods and services from local suppliers totaled nearly 113 billion FCFA (about $231 million) for the last 12 months. Total spending since the project began exceeds 1.1 trillion FCFA (almost $2.1 billion). - In Chad, spending over the last four quarters totaled 82.8 billion FCFA (over $169 million), bringing project spending to date in Chad to an estimated total of almost 721 billion FCFA (more than $1.3 billion).
- In Cameroon, spending over the last four quarters totaled 29.9 billion FCFA (over $61.2 million), bringing project spending to date in Cameroon to an estimated total of nearly 429 billion FCFA (over $722 million).
Chapter 11 - Health (PDF) The rainy season was arriving in the project area at mid-year — the period of highest exposure for malaria — and no recordable malaria cases had been registered for the first half of 2009 in either Chad or Cameroon. COTCO, in Cameroon, has had no cases in the last six years. Chapter 12 - Community Investment (PDF) Education makes up an important part of the project’s program of community contributions. In addition to investments in physical infrastructure such as school buildings and computer equipment, the project directly supports classroom teaching with a school voucher program in Cameroon and by sponsoring Chad’s first Masters Degree program for engineers. Chapter 13 - Update: Chad’s Oil Revenue (PDF) he recent volatility in world oil markets has also been affecting Chad’s oil revenue. Although prices have remained well above those expected during the project’s planning stages, as of mid-year 2009, Chad’s Doba Basin oil was attracting only about half the price it was bringing one year ago. Download Full Report (PDF) |