Wildcat Passes Competence Test from South Sudan Ministry of Petroleum

Wildcat has passed a due diligence process conducted by the South Sudanese Ministry of Petroleum (MOP). This process included the evaluation of the Company’s technical competency as well as its financial capability to complete a major multi-million/billion dollar oil production purchase. This clearance is required from the MOP before Wildcat can undertake any petroleum deal […]

Oilfield Africa - Tuesday February 20, 2024
Zenith Energy Announces MoU In South Sudan

Zenith Energy, the listed international energy production and development company, has signed a Memorandum of Understanding (MoU) with Nile Services and Logistics Company Ltd (Nile SLC) in the Republic of South Sudan. The objective of the MoU is to formalise the shared interest of Nile SLC and Zenith to jointly pursue business opportunities involving the […]

Oilfield Africa - Thursday November 30, 2023
Wildcat Petroleum Blames Delay In Bambo PSA Over Political Unrest In Sudan

Owing to the current political situation in Sudan, Wild Petroleum said it is unable at the present time to sign a Production Sharing Agreement (PSA) with the Sudanese government (OEPA). The Company therefore intends to sign a service agreement with the Sudanese government within the next few weeks with a view to increasing oil production […]

Oilfield Africa - Monday September 18, 2023
Orron Energy Gives Update On Forfeiture Of Economic Benefits In The Sudan Legal Case

Orrön Energy AB has disclosed that the Prosecutor’s claim for forfeiture of economic benefits has been increased and now amounts to SEK 2,381,300,000. The Company, which strongly disputes both the methodology used by the Prosecutor and the amount of the claimed forfeiture, does not see any circumstances in which the claim for forfeiture could become payable as there is no legal basis for this claim and no grounds […]

Oilfield Africa - Thursday August 31, 2023
Savannah Controls Petronas Entire South Sudan Oil And Gas Asset

Savannah has entered into a Share Purchase Agreement with PETRONAS International Corporation to acquire PETRONAS’ entire oil and gas business in South Sudan through the acquisition of Petronas Carigali Nile Limited (PCNL), for a total cash consideration of up to US$1.25 billion, subject to certain completion adjustments. The Transaction Consideration is expected to be financed […]

Oilfield Africa - Thursday December 15, 2022
South Sudan revitalizes its downstream economic sector as Bentiu’s oil refinery resumes operations

South Sudan has started to operate its Bentiu’s oil refinery in Unity State, with a capacity to refine 10, 000 barrels per day (bpd), the deputy managing director of the firm that built the refinery said. Bentiu’s refinery is a joint venture by Russia’s Safinat and the state-owned Nile Petroleum Corporation (Nilepet). The refinery which was […]

Oilfield Africa - Saturday March 13, 2021
South Sudan, Sudan sign Agreement, hike Oil Production

South Sudan and Sudan have signed an agreement to increase oil production in South Sudan’s northern fields from 170,000 barrels per day (bpd) to 300,000 bpd within the next three years. Commencing from 2021, the agreement provides for enhanced bilateral relations by focusing on investment and production as a way to mitigate economic challenges being […]

Oilfield Africa - Thursday January 21, 2021
South Sudan Set To Take Over China-Operated Oilfields By 2027

South Sudan’s state-controlled Nile Petroleum Corporation (Nilepet)  is on the verge of taken over the management of some oilfields in the country by 2027, when the operatorship contract of these oilfields  with China National Petroleum Corporation (CNPC) is expected to expire. Nilepet’s managing director Chol Deng Thon Abel told Bloomberg in a recent interview. CNPC […]

Oilfield Africa - Tuesday September 15, 2020
South Sudan slates Oil Blocks Licensing Round in 2020

South Sudan recent oil discovery in commercial scale in Northern Upper Nile State has been projected for licensing round by first quarter of 2002. The country new oil well discovery in the Adar area of Northern Upper Nile State that contains 5.3 million barrels of recoverable crude was announced by the Petroleum Minister Awow Daniel […]

Oilfield Africa - Friday March 13, 2020

Get free monthly subscription news in oil and gas industry
*Please enter a valid email address

Please wait....

Thank you for subscribing...