March 30, 2023
During the meeting, ADNOC presented its strategic vision for sustainable, reliable energy production and its commitment to an inclusive energy transition.
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.
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.
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.
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.
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.
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.
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.
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.