SNH's Executive General Manager notes an increase in national gas production in 2023

During a New Year wishes ceremony held at the company's head office on 18 January, Adolphe Moudiki highlighted an encouraging development: an increase of about 5% in national gas production in 2023. This positive trend was driven by the drilling of new wells in the Sanaga Sud field. These resources, which have been harnessed for energy generation since 2013, will find a new outlet this year.

Looking ahead to 2024, Adolphe Moudiki announced that SNH will begin delivering natural gas in the first half of the year to Keda, which is constructing a tile production plant on the outskirts of Kribi. This project is expected to create 2 000 direct and indirect jobs for the local population.

The ceremony also served as a platform for the EGM to pay tribute to about ten retired employees and praised their contribution to the smooth running of the company's projects.

In addition, the Human Resources Division's social review highlighted various actions taken to enhance performance, working conditions, and staff benefits, especially at the end of their careers.

Finally, the EGM expressed his gratitude to the Head of State, His Excellency Paul Biya, "for the great solicitude he has always shown towards SNH, for his great foresight, his pertinent orientations and sound advice". He also stressed that "SNH has never and will never deviate from the patriotic and ethical line that it has always defended with fervour and without compromise".

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Cycling: SNH alongside Cameroon's First Lady

 

 GPCICB

The riders SNH Vélo Club were the best Cameroonians at the 23rd Chantal Biya International Cycling Tour, which ended in Yaoundé on 7 October 2023. Clovis Kamzong Abossolo, Jérémie Kossoko Sadikou and Rodrigue Eric Kuere Nounawe received their prizes from the First Lady of Cameroon, Chantal Biya, who is the patron of this event sponsored by SNH. She also paid tribute to their opponents, 11 other teams from Africa and Europe, by presenting them with gifts.

As a partner of excellence, SNH gave a financial bonus to the wearer of the yellow jersey of each of the five laps of the race, including the first in the overall individual classification, Yacine Hamza from Algeria. This was in addition to the sponsorship provided to the Cameroon Cycling Federation.

The Federation also received support for the Ongola Prize, which consisted of a criterium held in Yaoundé on 8 October.

Both events drew large crowds from the local population, who enthusiastically cheered on the riders in Yaoundé, Kribi, Ebolowa, Sangmélima, Nkolandom and Meyomessala.


 

The CEO of Savannah Energy Plc visits SNH.

He was received by the Executive General Manager, Adolphe Moudiki, at the company's head office in Yaoundé on 19 April.

 

For the reception of CEO Andrew Knott and his delegation, Mr Moudiki was accompanied by five close collaborators, namely the Head of the Legal Division and her deputy, the Financial Manager, the Permanent Secretary of PSMC and the Legal Counsel of SNH.

On Savannah side, the CEO's delegation included the Vice President of Savannah Energy Plc for Africa, the Secretary General of COTCO and Savannah Energy Plc's legal advisors.

The meeting resulted in the signing of an agreement for the sale by Savannah Midstream Investment Limited (SMIL) and the purchase by SNH of 10% of the issued share capital in Cameroon Oil Transportation Company S.A. (COTCO). The cost of the acquisition is USD 44.9 million.

The transaction will increase SNH's stake in COTCO to 15.17%.

 

 

SNH rewards excellence in schools

 

The company is awarding prizes, from 2 to 24 June, to the best pupils from 11 schools in areas where its facilities are located.

The regions concerned are the Centre region (where the company has its head office) and the South region (where natural gas production sites are located). The beneficiaries are pupils from the Eboundja public school, Kribi Rural bilingual high school, CES Bonguen, CES Bella, la Retraite primary school, Greener Pastures International school complex, government bilingual practicing high school, Jean Tabi college, Christ-Roi bilingual Catholic primary school Tsinga, Obala high school and CES Nlong-Zok.

The prizes comprise school books and teaching materials, including exercise books personalised in SNH’s colours.

SNH's annual report for the year 2020 is available.

It contains all the key information related to the mandate given to the company by the State. It notably includes information on activities related to prospection, production and marketing of crude oil and natural gas, as well as projects carried out and the results of companies where SNH has shares. As with all previous editions since 2003, the report is available to all.

Cover rapport annuel  2020 VA