"For the latest figures, view the 2016 Supplement to the Annual Report (4.7 MB)."

highlightsofoperations

highlights of operations

Chevron operates in The Republic of Congo through its subsidiary Chevron Overseas (Congo) Limited.

businessportfolio

business portfolio

In The Republic of Congo, Chevron has a 31.5 percent non-operated working interest in the offshore Haute Mer permit areas (Nkossa, Nsoko and Moho Bilondo), and a 20.4 percent non-operated working interest in the offshore Haute Mer B permit area. Chevron is also the operator of, and holds a 31.3 percent interest in, the Lianzi Unitization Zone, located in an area shared equally by Angola and The Republic of Congo. In 2015, our operations had an average net daily production of 18,000 barrels of liquids.

moho nord

The Moho Nord joint development project, located in the Moho Bilondo permit area, is the largest-ever oil and gas project undertaken in The Republic of Congo. The Moho Nord development project involves a tension-leg platform, a floating production unit with a processing capacity of 100,000 barrels of oil per day, and a 50-mile (80-kilometer) pipeline to the onshore Djeno Terminal. 

Chevron and its partners announced first production from the first phase of the Moho Nord joint development project, Moho Bilondo Phase 1b, in December 2015. Located approximately 46 miles (75 km) off the coast of Pointe-Noire in water depths ranging from 2,400 to 4,000 feet (750 to 1,200 meters), the Moho Bilondo Phase 1b project includes 11 wells tied back to an existing floating production unit and is expected to produce a total of 40,000 barrels of oil per day. 

Total E&P Congo is the operator of the Moho Bilondo permit area and holds a 53.5 percent working interest while the national oil company, Société Nationale des Pétroles du Congo, holds the remaining 15 percent working interest.

Republic of Congo-Angola joint development area

The Lianzi Project, Chevron's first operated asset in The Republic of Congo and the first cross-border oil development project offshore Central Africa, includes production and water-injection wells with a subsea tieback to the Benguela Belize–Lobito Tomboco platform in Angola’s Block 14. The project has a design capacity of 46,000 barrels of crude oil per day. During 2015, we completed fabrication, installation and the first drilling campaign activities, and first production was announced in the fourth quarter.

republic of congo map
businessportfolio

exploration

In 2015, the company conducted prospect identification activities. Drilling commenced on an exploration well in the Moho Bilondo area in December 2015, was completed in January 2016, and the results are currently under evaluation.

inthecommunity

in the community

Chevron has been an active member of the community in The Republic of Congo, supporting initiatives that promote advances in health, safety, education and local development, since 1995. Over 89 percent of our workforce in the country is Congolese.

health

For several years, Chevron has supported the effort to combat HIV/AIDS, partnering with the Departmental Unit of the Fight Against AIDS (UDLS) to launch a variety of community outreach initiatives and holding education sessions with its workforce. Each year, the partners hold a voluntary screening program for residents of the country’s second largest city, Pointe-Noire. In February 2016, more than 1,000 people were screened during a week-long event that was hosted at the Pointe-Noire City Hall. Chevron also supports anti-Malaria efforts in the country, and hosts local events around World Malaria Day each year.

To support the improvement of the country’s health infrastructure, Chevron rehabilitated the Adolphe Sicé General Hospital pediatric ward in Pointe-Noire and the Nzassi Integrated Health Center in the region of Kouilou on the border with Cabinda Province, Angola. Chevron also partnered with the Lions Club to build the only Center for the Blind and Deaf in Pointe-Noire.

safety

For several years, Chevron has held first aid workshops in Pointe-Noire in partnership with the Congolese Red Cross. These workshops are intended to train employees and contractors of Chevron, and their families, in first aid and rescue. Chevron also supports the Congolese Red Cross in its humanitarian missions.

education

Chevron's key education project is the Nanga primary school, located in a densely populated area southeast of Pointe-Noire. The construction of a second building at the school and the implementation of a school Steering Committee, both with Chevron’s support, have helped increase the success rate of students from 51 to 72 percent between 2014 and 2016.

Other educational projects supported by Chevron in Pointe-Noire include the French Program, which aims to increase literacy and competency in the French language among K4 through K5 students, and technical workshops held by the Society of Petroleum Engineers (SPE) with young professionals and students.

contactus

contact us

Chevron Overseas (Congo) Limited

129 Quarter Bis Avenue de Mangoungou
B.P. 1295 - Pointe-Noire
Telephone: +242.06.663.63.00
Email: kmou@chevron.com 

disclosure;forward-lookingstatements

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This Site contains forward-looking statements relating to Chevron’s operations that are based on management’s current expectations, estimates and projections about the petroleum, chemicals and other energy related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “forecasts,” “projects,” “believes,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “could,” “should,” “budgets,” “outlook,” “focus,” “on schedule,” “on track,” “goals,” “objectives,” “strategies” and similar expressions are intended to identify such forward looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date issued. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices; changing refining, marketing and chemicals margins; the company's ability to realize anticipated cost savings and expenditure reductions; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; technological developments; the results of operations and financial condition of the company's suppliers, vendors, partners and equity affiliates, particularly during extended periods of low prices for crude oil and natural gas; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats and terrorist acts, crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries, or other natural or human causes beyond its control; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic and political conditions; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from other pending or future litigation; the company’s future acquisition or disposition of assets or the delay or failure of such transactions to close based on required closing conditions set forth in the applicable transaction agreements; the potential for gains and losses from asset dispositions or impairments; government-mandated sales, divestitures, recapitalizations, industry-specific taxes, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company's ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 20 through 22 of the company’s 2016 Annual Report on Form 10-K. Other unpredictable or unknown factors not discussed could also have material adverse effects on forward-looking statements.

Certain terms, such as "unrisked resources," "unrisked resource base," "recoverable resources," “potentially recoverable volumes” and "original oil in place," among others, may be used to describe certain aspects of the company's portfolio and oil and gas properties beyond the proved reserves. For definitions of, and further information regarding, these and other terms, see the "Glossary of Energy and Financial Terms" on pages 50 and 51 of the company's 2016 Supplement to the Annual Report. As used in this report, the term "project" may describe new upstream development activity, including phases in a multiphase development, maintenance activities, certain existing assets, new investments in downstream and chemicals capacity, investment in emerging and sustainable energy activities, and certain other activities. All of these terms are used for convenience only and are not intended as a precise description of the term "project" as it relates to any specific government law or regulation.

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