SPOC INTRODUCTION & OPERATIONAL UPDATE Mr. JOSEPH PODTUNG - - PowerPoint PPT Presentation

SLIDE 1

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

SPOC INTRODUCTION & OPERATIONAL UPDATE

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. 11th October 2017 South Sudan Oil & Power Conference 2017 Juba, Republic of South Sudan

SLIDE 2

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

OUTLINES Background Business Dimension & Operational Update Staff & Community Development Opportunities Moving Forward

SLIDE 3

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

COMPANY INCORPORATION

SUDD Petroleum Operating Co. (SPOC) was successfully formed as a Joint Operating Company and registered in South Sudan on 30th April 2012

Certificate of Company Registration by Ministry of Legal Affairs &Constitutional Development Tax Identification Certificate by Ministry of Finance & Economic Planning Membership in South Sudan Chamber of Commerce, Industry & Agriculture

ONGC VIDESH

67.875% 24.125% 8%

SLIDE 4

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

KEY AGREEMENTS GOVERNING PETROLEUM OPERATIONS

Exploration & Production Sharing Agreement (EPSA) 6th Feb. 1997 Block 5A Transition Agreement (TA) 13th Jan. 2012 The Petroleum Act 6th Jul. 2012 Agreement

• n Oil Related

Economic Matters (AoREM) 27th Sept. 2012 Joint Operating Agreement (JOA) 1st Oct. 2012 Joint Operating Company Shareholders Agreement (JOCSA) 7th Mar. 2012

SLIDE 5

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

OUR ORGANIZATIONAL DRIVER Vision, mission and core values to propel strong performance

VISION

To be “The Preferred Leading Petroleum Operating Company in South Sudan”

MISSION

Find & develop hydrocarbon resources for business sustainability Create value for our stakeholders and the nation Build a competent and committed workforce

CORE VALUES

Professionalism Treat people with dignity, respect and fairness. Strive for excellence & continuous improvement Integrity Honest and upright Cohesiveness Promotes harmonious working relationship. Unite, trust and respect each other Commitment Loyalty and dedication to work / company

SLIDE 6

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

BOARD OF DIRECTORS

Director

• Mr. Pasala

Krishna Rao

ONGC VIDESH

Director

• Mr. Janin

Girie Director

• Hon. Dr.

Chol Deng Thon Abel

SLIDE 7

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

A DIVERSE MANAGEMENT TEAM

President

Datuk Joseph Podtung

Vice President

Paul Pout Jouch

GM Production & Operation

Eruwan Gerry

GM HRD, SCM & Training

Gatdeet Thon Wakou

GM Finance, Planning & ICT

Sayed Azman

GM Exploration & Development

H.S Negi

ONGC VIDESH

SLIDE 8

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

WORKFORCE STRENGTH

148 staff

Headcount as of October 2017

90%

positions filled by National staff

Workforce Composition

150 100 50

133

nationals

15

expatriates

SLIDE 9

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

BUSINESS DIMENSION FOR BLOCK 5A

Contract Area 20,917 km2 Total PIIP 2928.52 MMstb Es>mated Ul>mate Recovery 221.04 MMstb Number of FDP 4 Reserves + CR 194.39 MMstb Explora>on Wells Drilled 59 wells Total Dev/

• Prod. Wells

55 wells Total Cumula>ve Produc>on (As at 1.1.2017) 42.97 MMstb Facili&es Number/Capacity/ Dimension Thar Jath CPF 80,000 bbl/d Mala DGFF 1 Oil Gathering Manifold 10 (6 Thar Jath, 4 Mala) Export Pipeline 172 km Power Plant 1 (35.6 MW) Poten&al Produc&on Rate 18,000 Bbl/d

Block 5A

is located in Northern Liech State

• f South Sudan

2 producing oil fields i.e. Thar Jath and Mala

SLIDE 10

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

Up to 80,000 barrels / day oil processing capacity FACILITIES OVERVIEW

120,000 bwpd

SLIDE 11

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

HISTORICAL OIL PRODUCTION

• 5 000

10 000 15 000 20 000 25 000 30 000

M a y

• 6

A u g

• 6

N

• v
• 6

F e b

• 7

M a y

• 7

A u g

• 7

N

• v
• 7

F e b

• 8

M a y

• 8

A u g

• 8

N

• v
• 8

F e b

• 9

M a y

• 9

A u g

• 9

N

• v
• 9

F e b

• 1

M a y

• 1

A u g

• 1

N

• v
• 1

F e b

• 1

1 M a y

• 1

1 A u g

• 1

1 N

• v
• 1

1 F e b

• 1

2 M a y

• 1

2 A u g

• 1

2 N

• v
• 1

2 F e b

• 1

3 M a y

• 1

3 A u g

• 1

3 N

• v
• 1

3

Bbl/d

First Shutdown from Jan ‘12 to Apr. ‘13 1st JOC to resume in Apr. 2013 @ 5% capping of GPOC/GNPOC throughput 2nd Shutdown since Dec 2013

SLIDE 12

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

RESERVES POTENTIAL Block 5A still holds significant growth opportunity

500 1000 1500 2000 2500 3000 3500 Total PIIP Es0mated Ul0mate Recovery Cumula0ve Produc0on Reserves+CR

MMstb

SLIDE 13

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

OIL PRODUCTION FORECAST

Block 5A has a potential up to 60,000 Bbl/day with future development and exploration activities.

KBbl/day

• 10

20 30 40 50 60 70

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040

Exis1ng Development Explora1on

SLIDE 14

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

ROADMAP FOR BLOCK 5A PRODUCTION RESUMPTION

PRE-RESUMPTION All pre-requisite for resumption are met. TECHNICAL ASSESSMENT Mobilize key personnel and conduct technical site assessment. Finalize essential contracts and initiate procurement of critical equipment/parts and essential material. SITE RESTORATION Mobilization of personnel, contractors & equipment. Carry out restoration activities of damaged facilities based on priority and quick-fix for immediate first

• il export.

EXPORT / 1ST Oil Resume production & oil exports. Phased restoration of full facilities repair.

SLIDE 15

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

STAFF DEVELOPMENT

Education and capability building as a critical tool for change

117 courses Total number of courses attended by national staff

Domestic Training Programs

• Human Resource Training
• Introduction to Petroleum Exploration
• Reservoir Management and Surveillance

Overseas Trainings

• Supervisory Management Skill
• Project Management
• Oil & Gas Occupational Health & Safety

Internship

• 14 students from various Universities

have attended Internships at SPOC INSTEP

• 8 South Sudanese production technicians trained in INSTEP,

Malaysia on various oil & gas operations disciplines On the job training opportunity with Secondee and Consultants

SLIDE 16

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

LOCAL COMMUNITY

Community development programs have widely benefited the public and communities

Potable Water Supply

SPOC has been playing a leading role in providing clean water to the surrounding host communities

Education

Providing training to develop local teachers capability and enhance teaching infrastructure

Health Services

Collaboration effort with State hospitals & health centers in providing primary health care services to the rural areas

Veterinary & Agricultural Support

Collaboration with Ministry of Agriculture, Forestry and Animal Resources

Rubkona Water Treatment Plant Education Supports Veterinary Support Bentiu Vocational Training Centre Agricultural Support Thar Jath Clinic Mirmir filtration units Kilo 50 Clinic Thar Jath Water Treatment Plant Koch Hospital Adok filtration Units Adoc Clinic

SLIDE 17

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

INDUSTRY SUPPORTS & SERVICES

Collaboration Areas and Opportunity for Oil & Gas Industry Players

70 contracts Estimated number of contract / ITB

Production & Operations

• Mechanical equipment at CPF/CPP/FSF
• Tools / spare part supplies
• Operations / drilling / well services
• Chemical supplies, etc.
• Facilities repair & maintenance
• Road construction

HSE and Security

• Personal Protective Equipment (PPE)
• Firefighting equipment
• Medicine supplies
• Security services, CCTV , etc.
• Grass cutting and Fireline

Office / Base Camp Supplies

• Supply of office / camp consumable items
• Catering, cleaning
• Building repair & maintenance
• Warehouse
• Water treatment

Instrumentation & Electrical

• All instrumentation works at CPF/CPP/FSF
• All electrical works at CPF/CPP/FSF

Logistic & Transportation

• Passenger / commercial aircraft
• Cargo aircraft
• Diesel supply
• River transportation
• Road transportation
• Vehicle procurement / maintenance

Support Services

• Manpower services
• Medical / life / energy insurances
• Travelling, hotel arrangement
• Technical software, ICT, Internet services
• Accounting, audit services

SLIDE 18

• Mr. JOSEPH PODTUNG

President, Sudd Petroleum Operating Company Ltd. South Sudan Oil & Power Conference 2017,Juba, Republic of South Sudan

MOVING FORWARD

SPOC is committed to working with all stakeholders for our production resumption. Continued collaboration and effort on:

• Security Assurance at field
• Uncapping of production from

Block 5A

Working with suitable vendors for the reinstatement of equipment and facilities in SPOC field.

SLIDE 19

Thank you