South Sudan

Africa Oil & Gas: Nigeria and South Sudan Sign Cooperation Agreement

Posted on January 28, 2019January 28, 2019 by Mozambique Resources Post

Nigeria and South Sudan signed a cooperation agreement on oil and gas, trade, education, health, culture, among others. Nigeria’s Foreign Affairs Minister, Geoffrey Onyeama, and his South Sudanese counterpart, Nhial Deng Nhial, signed the agreement in Abuja.

Africa Oil & Gas: South Sudan starts repairs, pumping oil from damaged wells

Posted on January 22, 2019January 22, 2019 by Mozambique Resources Post

South Sudan has begun to repair and pump oil from wells damaged in the civil war and will ramp up production by the end of the year, the oil minister told Reuters ahead of a Monday trip to the oil fields. Production is currently at 160,000 barrels per day (bpd) and the wells reopening on Monday will add 12,000 bpd to that, rising to 70,000 bpd by the end of 2019, South Sudan’s oil minister…

Africa Oil & Gas: Can China Save South Sudan’s Oil Sector?

Posted on December 20, 2018December 20, 2018 by Mozambique Resources Post

War-torn South Sudan could become a significant oil producer in the region if the country can manage to maintain a peace deal reached between warring sides in September.

Africa Oil & Gas: South Africa to invest USD1 billion in South Sudan’s oil sector

Posted on November 26, 2018 by Mozambique Resources Post

South Africa will invest $1 billion in South Sudan’s oil sector, including in the construction of a refinery, the South African minister for energy and his South Sudanese counterpart for petroleum said on Friday.

Africa Oil & Gas: South Sudan Strengthens Cooperation with African Countries

Posted on November 26, 2018 by Mozambique Resources Post

During the week of hosting the annual South Sudan Oil & Power conference, the Government of South Sudan has strengthened its relationship with African countries through cooperation agreements and new engagement in the oil industry.

Africa Oil & Gas: South Sudan Says Recovering Oil Production Boosts FX Reserves

Posted on November 17, 2018 by Mozambique Resources Post

Gradually increasing oil production and the higher oil prices this year are helping South Sudan to generate more foreign exchange reserves, according to Deng Tor Ngor, governor of South Sudan’s Central Bank.

Africa Oil & Gas: Is This The Riskiest Oil Frontier In The World?

Posted on September 7, 2018 by Mozambique Resources Post

Seven years after South Sudan became independent, leaving behind a sanguinary civil war, it finally reached the point where it places its bets on development and not on incessant internal conflict.

Africa Oil & Gas: South Sudan Restarts Oil Production At Major Oil Field

Posted on August 29, 2018August 29, 2018 by Mozambique Resources Post

South Sudan has resumed production from the Toma South oilfield, Reuters reports, quoting the Oil Minister of neighbor Sudan, Azhari Abdulqader. Production at the field was suspended in 2013 amid Sudan’s bloody civil war.

Africa Oil & Gas: South Sudan terminates petroleum licence talks with Total

Posted on July 26, 2018 by Mozambique Resources Post

South Sudan has called off talks with French oil major Total about developing two oil blocks, the petroleum ministry said on Wednesday, paving the way for other investors keen on exploring the vast area thought to be rich in hydrocarbons. Total, alongside two other oil companies, has been in talks with the country’s government about developing the area called B1 and B2 since 2013.

Africa Oil & Gas: South Sudan plan to boost oil production

Posted on July 5, 2018July 5, 2018 by Mozambique Resources Post

(Bloomberg) — South Sudan’s plan to boost oil production should help it fund a forthcoming transitional government that seeks to end more than four years of civil war, the U.S. ambassador said.

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