Snapshot Summary (PDF) Chapter 2 - Production & Construction (PDF) By mid-year 2011, the project had invested over 1,300 billion FCFA ($3.0 billion) in initiatives aimed at maintaining production levels. As a result — even as the project’s oldest oil wells mature and their output declines — the 2011 daily production rate has so far been sustained at about 117,000 barrels per day, a level roughly 5% below the average level for 2010. Chapter 3 - Reportable EMP Situations (PDF) A total of five non-compliance situations were identified during the first half of 2011, two at Level II and three at Level I. The project also responded to one reportable spill, which was quickly contained and cleaned up with no lasting harm to the environment. The project has taken action in each case to remedy the issues and prevent future occurrences. Chapter 4 - EMP Monitoring & Management Program (PDF) In the first half of this year, the project’s environmental and socioeconomic teams put in place the final elements of a right of way inspection and protection program along the export pipeline. In addition, a new waste composting program for the oilfield development area went into full production. The project also sponsored an international conference to share the results of the project’s archeology program. Chapter 5 - Safety (PDF) Half way through 2011, the project workforce was achieving a significant improvement in safety performance compared to last year. During the first half of 2011, the project recorded: - A 14% improvement over 2010.
- A 39% improvement over the project’s rolling five year average.
- A 300% better record than the U.S. petroleum industry benchmark average.
These results are based on the Recordable Incident Rate, a standard measure of overall on-the-job safety. Chapter 6 - Consultation & Communication (PDF) For the first half of 2011, the project’s ongoing outreach efforts added 851 public consultation sessions to the thousands held since the project began production in 2003. In addition to village level public consultation sessions, the project continues its work with the Platform for Consultation and Cooperation; providing a process for resolving citizen claims that inevitably arise on a complex project with a long history. Chapter 7 - Compensation (PDF) Compensation paid to individual land users by the project in the last four quarters totaled over 807 million FCFA ($1.7 million) in cash and in-kind payments. Over 14 billion FCFA (over $24 million) in individual compensation has been disbursed since the project began. Chapter 8 - Land Use in the Oilfield Development Area (PDF) The project has launched a new phase of improvement for its land use mitigation work in the Oilfield Development Area. With enhanced land use impact assessment tools — in-depth socioeconomic studies and sophisticated computer database software — the project will be able to respond more flexibly and quickly to the constantly evolving circumstances of individual farm households in the oilfields area. Chapter 9 - Local Employment (PDF) The project’s contributions to its host country economies in the first half of 2011 included wages paid to Chadians and Cameroonians of 35 billion FCFA ($75 million). - Almost 6200 nationals had jobs with EEPCI, COTCO, TOTCO and their contractors at the midpoint of 2011, over 86% of the total workforce.
- Over two-thirds of the Chadians and Cameroonians working for the project hold well-paying jobs in the semi-skilled, skilled or supervisory job categories.
- Wage payments to Chadian workers for the first quarter of 2011 totaled an estimated 14.6 billion FCFA ($30.3 million). For the second quarter, wages were estimated at 15.2 billion FCFA ($33.6 million).
- Wage payments to Cameroonian workers for the first quarter of 2011 totaled an estimated 2.5 billion FCFA ($5.3 million). For the second quarter, wages were estimated at 2.6 billion FCFA ($5.7 million).
Chapter 10 - Local Business Development (PDF) Since the project began, its purchases of goods and services from local suppliers has totaled more than 1.37 trillion FCFA ($2.5 billion). In large measure, this success has been achieved through local business development outreach and capacity building. The project’s purchases of goods and services from local suppliers totaled over 113.7 billion FCFA (over $234 million) for the last 12 months. - In Chad, spending over the last four quarters totaled 87.4 billion FCFA (over $180 million), bringing project spending to date in Chad to an estimated total of almost 886.7 billion FCFA (almost $1.7 billion).
- In Cameroon, spending over the last four quarters totaled 26.3 billion FCFA (over $54 million), bringing project spending to date in Cameroon to an estimated total of more than 488.5 billion FCFA (about $847 million).
Chapter 11 - Health (PDF) The peak of the malaria season arrived in the project area at mid-year, but the project had so far recorded zero malaria cases for 2011. The zero malaria rate was an improvement even over the low rates of recent years when the malaria rate has averaged roughly 0.3 cases per 200,000 work hours. Chapter 12 - Community Investment (PDF) ExxonMobil Foundation funded the Initiative for Economic Empowerment of Women Entrepreneurs with a $1.7 million grant aimed at building the skills and thus the incomes of traditional women’s cooperative associations in villages throughout the oil producing region. Now, the program has completed its three year commitment and the results are in. The empowerment initiative: - Increased the individual incomes of 1,600 women in the participating cooperative associations by an average of 75%.
- Trained hundreds of women in basic business practices, good governance, micro-business development and management skills.
- Financed 236 microcredit proposals.
Chapter 13 - Host Country Revenue (PDF) The project’s investments to sustain crude oil production levels, coupled with historically strong prices for oil around the world have combined to produce for Chad a total of more than $7.4 billion in revenue since the project began; Cameroon's project-to-date revenues have been approximately $301 million. Additionally, new roads, funded by the country’s revenue from the oil project, save significant time and cost of transportation, leading to lower prices, larger markets, and a wider variety of available goods and services. Download Full Report (PDF) |