Total in Nigeria : fostering socio-economic development in a challenging environment Guy Maurice Chief Executive, Total E&P Nigeria Investor Relations, London, November 19th, 2009
The Nigerian oil context Investor Relations www.total.com 3C2914
Nigeria : a country characterized by contrasts and uncertainties Vast potential Population of 140 million Mineral resources and fertile land Democratic rule since 1999 First African country to pay back its Paris Club debt (2006)…
Largest hydrocarbon reserves in Africa Oil : 2008 proved reserves Oil production (Billion barrels) (Bb/d) Libya 3 Nigeria 40 Angola 2 Algeria 1 20 2000 2002 2004 2006 2008 Oil production growth affected by unrest since…
High expectations from authorities and Niger Delta communities toward IOC Nigerian issues IOC challenges Oil producing communities consider Suspicion against IOC from local populations that they do not benefit from oil revenues…
Total in Nigeria : current positions & future growth Investor Relations www.total.com 3C2914
Leverage Totals historical presence to develop new projects Total E&P Nigeria operated production (kboe/d) Strong historical presence 1962 : Obagi discovery 1966 : 1st oil onshore 400 1993 : 1st oil offshore 1999 : 1st gas to NLNG…
Valorizing gas reserves both for domestic consumption and LNG export Totals acreage in Nigeria Nigeria LNG capacity (Total 15%) Mt/y 20 10 2004 2007 2010(e) Total operator Partner Totals domestic gas commitments 120…
Leading positions in retail marketing and specialty products Vector of Totals brand name in Nigeria 531 staff and approx. 3,500 collateral jobs Major assets : 544 service stations 18 customer service centers 5 LPG filling plants…
Total E&P Nigeria : social responsibility Investor Relations www.total.com 3C2914
Addressing security issues while respecting human rights Niger Delta crisis Security situation has deteriorated since 2005 2006-2009 production shortfalls Large volumes of crude oil stolen, operations shut down, on Totals operated…
Safety and environment policy in line with Groups standards Total recordable injury rate Safety and environment management systems (per million man-hours worked) 4 Safety Management System audited by 3.4 TRIR third parties Target 3…
Oil spills : 44 onshore spills between 1994 and 2009, 84% due to sabotage Number of oil spills in Totals operations (2004-2009) Clean-up process 9 Before After 7 5 3 1 2004 2005 2006 2007 2008 2009 YTD Onshore Offshore…
Total plans to stop gas flaring by 2013 through increased reinjection and LNG supply Satellite view of flaring in Gulf of Guinea No flaring on new projects since 1999 OML 58 Flaring reduced from 1.5 Mm3/d to 0.1 Mm3/d (safety…
Investing in local human resources Important recruitments in Nigeria Total E&P Nigeria - Personnel structure Need for about 100 new employees/year Nb Nigerianization 2000 Integration of national executive staff in managerial…
Nigerian content policy enhanced despite the complexity of new projects Examples of innovative contributions Capitalizing from recent achievements for new projects from Akpo to local fabrication industry Akpo (all disciplines) :…
Improving our contribution to local communities development Sustainable development Sustainable development strategy principles Defined in 2007 3 levels : Corporate, assets, Niger Delta Development Commission (NDDC) Focus on…
Some 2008 socio-economic achievements Health Free health campaigns : more than 7,000 patients (Rivers and Akwa Ibom States) Access to energy : Egi power plant Malaria and HIV/AIDS campaigns : 2,200 people Education 9,500…
Corporate social responsibility needed to secure our long-term strategy in Nigeria Challenging and unstable environment with high expectations towards IOCs CSR practices and policy fully integrated into our daily operations…
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