South Sudan | Egypt Oil & Gas - Part 2

South Sudan’s Blocks B1 and B2, Open for Negotiations

South Sudan announced that Blocks B1 and B2 were open for direct negotiation after the failure of talks due to "irreconcilable differences".

S Sudan, Equatorial Guinea Sign Petroleum MoC

South Sudan signed a Memorandum of Cooperation (MoC) with Equatorial Guinea to regulate the oil and gas relationships between the two African countries.

Oranto to Invest in South Sudanese Oil Field

South Sudan’s government granted Oranto Petroleum International Ltd. a license to explore for oil.

ExxonMobil, South Sudan in Talks over Oil Deposit

The US-based ExxonMobil Corporation is in secret talks with Juba to buy a stake in South Sudan’s vast untapped oil deposit, according to a senior-level government source familiar with the negotiations.

S. Sudan to Restart Oil Output from Unity State

South Sudan will restart crude oil production from oilfields in the Unity state by the end of the first quarter of 2017.

S. Sudan Renewed Deals with China, Malaysia

South Sudan signed an agreement to renew all oil drilling contracts with China National Petroleum Corporation (CNPC) and Malaysia's Petroliam Nasional Berhad (PETRONAS) for another five years.

S. Sudan to Boost Oil Output

South Sudan is planning to increase its oil production early January as oil prices increase following OPEC's agreement to cap output.

Khartoum, Juba Extended Oil Agreements

Sudan and South Sudan agreed to extend the financial arrangements on agreement in the oil field.

S. Sudan to Produce 350,000b/d of Oil

South Sudan is planning to increase its oil production from 130,000 to 350,000b/d despite the ongoing armed conflict.

S. Sudan, India Negotiate Oil Blocks Revival

South Sudan has initiated talks with India to revive oil blocks closed in the wake of a civil war in 2013

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