Post on 07-Apr-2018
Greater Pioneer Operating Co. Ltd
South SudanOil and Power 2017Juba, Republic of South Sudan
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this docu-ment may be reproduced, stored in a re-trieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.11th October 2017
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
OUTLINE
Introduction
Our Business and Commitment
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Key Milestones in GPOC Establishment
1st May 2012
OfficialNotification
4th April First
GPOC MC Meeting
31st March
FullMigration
28th MarchAppointment of
New MCMembers
19th March Migration of Partners Sec-ondees
16th MarchGPOCIncorporation
15th MarchVisit by MPM
12th MarchAppointment of GPOCPresident
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
GPOC registered on 26 April 2012
Joint Operating Company Legal Register
ONGC VIDESH
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Blocks 1, 2 & 4 Business Dimension
Block 1A and 1B• Exploration, Development & Production
Block 4 (South)• Exploration Phase
BLOCK 1AContract Area: 7,173 sq.kmRelinquished Area: 2,717 sq.kmRetain Area: 4,456 sq.kmEPSA Signed : 29th Nov 1996
BLOCK 1BContract Area: 154.88 sq.kmEPSA Signed: 29th Nov 1996
BLOCK 4SContract Area: 11,441 sq.kmEPSA Signed : 29th Nov 1996
Shareholders 40% 30% 25% 5%
ONGC VIDESH
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Blocks 1, 2 & 4 Business Dimension
Jia Yong Janin Girie Pasala Krishna Rao Dr. Chol Deng Thon Abel
ONGC VIDESH
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Management Committee
Hou Fudou
President
Chom Juaj Bol
VicePresident
VirendraKumar
GMExploration &Development
AndrewStephen
Obek
PlanningManager
Chen Yong Achol Majok
GMCommercial& Services
Deputy GMCommercial& Services
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Key Agreements Governing Petroleum Operations
Exploration & Production Sharing Agreement
(EPSA)29 November 1996
Blocks 1, 2 & 4Transition Agreement
(Block 1,2 & 4 TA)13 January 2012
Joint Operating Agreement (JOA)
1 October 2012
Joint Operating Company Shareholders Agreement (JOCSA)
16 March 2012
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
GPOC’s Vision, Mission and Core Values
Our Vision
To be a pioneering oil & gas organization,adding value to stakeholders in South Sudan
Our Core ValuesCommitmentOptimism, supportiveness, being open-minded and sustaining a robust management system.
RespectDiversity, culture, collaborative work culture and respecting and trust-ing each other as we carry out our roles and responsibilities.
IntegrityBeing honest with others and ourselves, and safeguarding the orga-nization and assets.
Strong Work EthicsAccountability, compliance, improvement and performance.
Professionalism & StewardshipQuality & safe practices, accountability, protecting health and environ-ment and maintaining high standards for ethical conduct.
Our Mission
To create stakeholders’ value by delivering out-standing operating and financial results, building a culture committed to best practices, sustain-able production, environment awareness and
community development
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Historical Daily Production
Dai
ly O
il R
ate,
kbb
l/d
60,0
3,3
17,8
0 0 0,0
10,0
20,0
30,0
40,0
50,0
60,0
70,0
2011 2012 2013 2014 2015 2016 2017
GPOC Historical Daily Oil Rate
Dai
ly O
il R
ate,
kb
bl/d
1 1. GPOC separated from GNPOC in year 2012
2 1st Shutdownin Jan. 2012
3 1st Production Resumption betweenApr. and Dec. 2013 with 8 months production
4 2nd Shutdown in Dec. 2013
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Block 1, 2 & 4 Summary of Operation Activities
Jan 20121st Shutdown of GPOC fields
ActivitiesGrass cutting of GPOC oil fields• Preparations for 2nd production resumption• Repair and reinstatement activities
Activities since 2nd shutdown of GPOC fields• Grass cutting of GPOC oil fields• Fire line Construction of GPOC oil fields• Oil Spill Cleaning at GPOC oil fields• Monitoring of GPOC facilities• Preparations for 2nd production resumption• Security Assurance and assessment by GPOC
Apr 2013 1st Production
resumption
April 2012 Inception of GPOC
Dec 2013 2nd Shutdown of GPOC fields
Now
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Manpower Strength
Total StrengthAugust 2017450 Staff 94% filled
by national staff0
50 100 150 200 250 300 350 400 450
Nationals Expatriates Total
424
26
450
Total
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Manpower Strength
GPOC’s Community Development programs embarks mainly on the
provision and development of clean drinking water, health support services, education
support programs as well as capacity building programs,
road construction and agriculture
Joknyang boreholeno. 1-Wangkai Payam
Mayom County
Wunamieth borehole No. (7) - Panyang
Payam – Abiemnom County
Medical supplies handover at
Rubkona airport
Water Health Education
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Blocks 1,2 & 4 Resumption Road Map
2017 2018 20182017/18PRE-RESUMPTION
Security Assurance & Assessment
Commercial Resolutions and pre-requisitions for resumption
TECHNICAL ASSESSMENT
Technical Assessment at Toma South, El Toor andEl Nar fields(Subject to meeting of all the pre-requisites)
RESTORATION
Road Repairs and Base CampRe-instatement
Repair andRe-instatement of Toma South process facilities
1ST Oil
Oil Export fromToma South
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Blocks 1,2 & 4 Resumption Road Map
Two (2) Security Assessment Teams were dispatched to North fields and Unity from 4th August and completed on 25th August
Greater Pioneer Operating Co. Ltd
Dedicationto World-ClassEnergy
2017 Greater Pioneer Operating Co. Ltd. All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) without the permission of the copyright owner.
South Sudan Oil and Power 2017 11th October2017
Moving Forward
Close coordination with its Shareholders and Ministry of
Petroleum
Production resumption works
Security assurance and assessment
Greater Pioneer Operating Co. Ltd
THANK
YOUSouth SudanOil and Power 2017Juba, Republic of South Sudan
11th October 2017