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Sudan

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 […]

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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 […]

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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 […]

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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 […]

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