South Sudan
News
September 26, 2024
In the nine months through March, South Sudan produced 150,000 bpd. This plunged 70% in the final three months of the fiscal year after its main export pipeline ruptured in February. Last week, President Salva Kiir’s office signaled progress in plans to restore production after a meeting with Sudan’s military leader Abdel Fattah Al-Burhan in Juba.
News
March 30, 2023
During the meeting, ADNOC presented its strategic vision for sustainable, reliable energy production and its commitment to an inclusive energy transition.
News
May 06, 2022
South Sudan is taking steps to take over the operations of international oil companies in the country to increase its share of revenue, even as production declines, according to a government official.
News
September 23, 2019
Sudan’s newly appointed oil minister urged international energy companies to speed up efforts to find and develop deposits in a country struggling to recover from U.S. sanctions and a plunge in petroleum revenue.
News
August 19, 2019
South Sudan has made a new crude find in the northern oilfields of Adar and plans production by the end of the year, Information Minister Michael Makuei Lueth said.
News
May 21, 2019
South Africa’s Strategic Fuel Fund is welcome to bring in partners to help it execute a $1-billion agreement to drill for oil and build a refinery and pipeline in South Sudan, the central African nation’s oil minister said.
News
May 06, 2019
South Africa signed a deal on an oil block in South Sudan as part of a $1-billion investment in the country emerging from civil war.
News
April 17, 2019
South Sudan plans to increase oil production by using blocks that were shut-in due to civil war, according to the nation’s oil minister.
News
March 03, 2019
South Sudan called on China National Petroleum Corp. to expand crude production by exploring more fields, while promising to protect the company’s interests in the African country.
News
January 23, 2019
Russia and Turkey have offered Sudan economic assistance, the African nation’s oil minister said, as the government tries to salve a fiscal crisis that’s sparked a month of protests.
News
January 07, 2019
South Sudan resumed production at its Unity oilfields, where operations were halted five years ago when a civil war erupted.
News
December 19, 2018
Recent pledges of $2 billion in investment for South Sudan’s oil may be just the start, with the war-torn nation expecting further agreements in early 2019, its petroleum minister said.
News
November 07, 2018
South Sudan’s optimism about restoring oil output to 350,000 bpd depends on the success of a recent peace deal and both are unlikely, according to Wood Mackenzie Ltd.
News
August 27, 2018
South Sudan restarted crude production in a key oil region almost five years after facilities were shuttered by civil war.
News
April 24, 2017
Representing the Government of South Sudan, the Ministry of Petroleum has announced that it is welcoming the interest of investors for direct negotiations on oil and gas in Blocks B1 and B2. The announcement comes after negotiations broke down with the French oil and gas company Total E&P, due to irreconcilable differences.
News
March 30, 2017
Crude oil brings in the cash to keep South Sudan’s army fighting. That may have made oil workers a target for rebels waging the African nation’s three-year civil war.
News
March 28, 2017
Nigeria’s Oranto Petroleum International Ltd. plans to bet half a billion dollars that Africa’s newest nation can end a three-year civil war and create the conditions to revive its oil industry.
News
March 20, 2017
South Sudan and Equatorial Guinea announced an historic partnership today in Juba, setting out the terms for a strong bilateral relationship between the African oil and gas producers.
News
March 06, 2017
Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the block today in Juba.
News
February 08, 2017
South Sudan said it boosted security at oil installations and will source electricity from neighboring Sudan to resume output at two fields in efforts to restore production to levels achieved before the country descended into civil war.
