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subsidiaries

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Sonarep

NATIONAL RESEARCH AND PRODUCTION COMPANY (SONAREP)

Its mission is prospecting, research and exploitation of crude hydrocarbon deposits. SONAREP ensures the production of operated fields (Kundji) or fields co-operated by the SNPC (Tilapia).

Since its creation in 2002, SONAREP manages all the group's activities in the field of exploration, research, exploitation and production of hydrocarbons. Its activities really began in 2005 with TILAPIA.

In order to improve its operation from a logistic point of view, it worked from 2014 to 2015 on the acquisition of a well-testing equipment. This was its first investment in oil equipment.

This well-testing operation has several objectives, mainly to prove the potential of reservoirs by determining their dynamic properties; confirm the performance of each well and improve the productivity of the fields etc.

SONAREP also plans to take over the operation of Kundji by the final installation of the production tools. Begun in April 2013, Kundji's final production facilities were completed by October 2014. They are modern facilities that meet current international oil standards.

They have three main functions namely to stabilize the production of wells on both platforms (PF100, PF200); store the stabilized crude in the dedicated bins on the PF100 and load the tankers for export of crude oil to the CORAF refinery.

A third major project is the construction of an 11.00 m² logistics base in Djeno.

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Sfp

PETROLEUM DRILLING COMPANY (SFP)

SFP is a public limited company. It manages, on behalf of the SNPC rig n° 1, a drilling rig with a drilling capacity of 7000 meters. This rig, capable of producing all types of wells (vertical or sub horizontal), has produced all wells drilled to date by the SNPC.

After mobilising the MR 8000 rig in March 2015, the SFP set up the organizational plan for the deployment of personnel on the Ngoki permit in the Cuvette Central department and Kundji in the Kouilou department. This resulted in another training plan on the acquisition and ownership of the new Rig MR 8000, abroad for management staff and locally for other officers.

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ilogs

INTEGRATED LOGISTICS SERVICES (ILOGS)

ILOGS is in charge of oil logistics. It offers integrated logistics and high-level storage services to the oil industry. Its location in the port of Pointe-Noire and the setting up of its logistics base in the port basin, with a quay of more than 300 m², give it a strategic position in its sector of activity.

In 2014, ILOGS’s activity experienced a great change with:

  • The positive evolution of the production activity for a resident customer;
  • Encouraging drilling activity for third parties;
  • Confirmation of departure for another operator;
  • The realization of the SNPC/PEPA Rig Move from Pointe-Noire to Brazzaville and that of a race in the department of the Cuvette by ILOGS, also strongly marked the profile of the year 2014.

Key appreciated hallmarks of ILOGS in 2014 are:

  • A tonnage score processed below the two-month annual budget target to forecast tonnage handled at 250KT;
  • Fairly good sales performance;
  • Exceedingly satisfactory operational results;
  • Good investment performance with the delivery of newly developed port yards;
  • Continuation of major infrastructure projects and modernization of ILOGS operational capabilities.

This assessment shows that if the trends are confirmed, the 2014 financial year should enable the company regain its profitability. The year 2015, for ILOGS, is the turning point for a period of optimization, capacity building and acceleration of performance after 2014, which confirms the recovery that began in 2013. This prospect of a turning point towards a decisive phase aiming at the full local impact of the logistics of the many major oil projects that are, notably MOHO NORD and LIANZI, just to name a few.

To continue on this encouraging trend, the main orientations of 2015 focus on:

  • Reinforcement of conditions of security, safety and the quality approach;
  • Optimization of infrastructure of the Petroleum Services Centre;
  • Exploitation of the intensification of maritime traffic and improvement of ILOGS deliverables;
  • Optimization of the fleet of operating equipment (cranes, trucks, elevators, semi-trailers, etc.);
  • Construction of a new modern and functional mechanical workshop;
  • Rationalization of management with particular emphasis on maintenance, leasing of equipment and personnel costs, thus allowing the reinforcement of the commercial action with the consolidation of operational capacities by development outside the CSP.

Hence the opening of the Brazzaville agency which will help improve port handling operations; the setting up of a new organization, as well as the training and professionalization of human resources. All of these perspectives are proof of a realistic ambition for the future of ILOGS. In a demanding market, in terms of quality of services and professionalism, the competition is such that ILOGS must win the challenge of being proactive throughout the logistics chain.

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CORAF

THE CONGOLAISE DE RAFFINAGE (CORAF)

CORAF's main activity is crude oil refining. It ensures the energy security of the country by providing about 70% of its needs in finished products. Its processing capacity is 1.000.000 T/year. Since 2009, a new refining scheme has been put in place.

CORAF refines Nkossa light crude. The crude refined by CORAF comes from the Djeno Oil Terminal which is connected to the refinery by a 25-kilometer pipe. Tank trucks also deliver to CORAF crudes coming from the SNPC fields (MKB and Tilapia). CORAF launched many projects between 2014 and 2015 including:

  • The construction of two storage bins for super 5000 m3 each (in progress);
  • Remodelling units to increase production capacity (in progress);
  • The construction of the control room (executed project);
  • The construction of the head office.
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SNPC-D

SNPC DISTRIBUTION (SNPC-D)

The SNPC-D

  • Distributes white goods throughout Congolese territory;
  • Constitutes the strategic and security stocks;
  • Markets petroleum products;
  • Builds, develops and operates hydrocarbon deposits;
  • Acquires, installs and operates pipelines.

In 2015 the SNPC-D targeted, among others:

  • Supply, revision and installation ABC and CO2 powder extinguishers on all our facilities;
  • Building of service stations of Mvoumvou, Dolisie, Bouemba, Ngabe, Edou, Ouesso, Sembe, Impfondo, Ngamakosso, BZV Airport, Kissoundi;
  • Consolidation of the water network for fire incidents;
  • Rehabilitation of service stations of Madingo-kayes, Komono, Etoumbi.
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