Category: Oil – Petroleum

Sudan to receive second batch of U.S. oil equipment

May 13, 2018 (KHARTOUM) Sudan’s Ministry of Oil and Gas said it would receive the second batch of oil pieces of equipment from the U.S. Baker Hughes during the next few days.
Baker Hughes is an international industrial service company and one of the world’s largest oilfield services companies.
The semi-official Sudan Media Center (SMC) has quoted the State Minister of Oil Saad al-Din Al-Bushra as saying the new equipments would be used at Rawat, bloc 17 and Tobi oil fields.
He pointed out (…)


News

/
,
,
,

S. Sudan’s Petroleum minister woes foreign investors

May 10, 2018 (LONDON) – South Sudan’s oil facilities are secure and investors should not be deterred, the country’s Petroleum minister, Ezekiel Lol Gatkouth told delegates attending the Africa Oil and Power Investment Forum in London Thursday.
“Leave it [politics] to the politicians,” said the minister, while addressing the forum, adding, “When you come to South Sudan, you need to be a pure company that doesn’t have a hidden agenda.”
Gatkuoth said the government has kept the country’s oil (…)


News

/
,

Rights body wants U.S sanctions imposed on South Sudanese oil entities implemented

April 5, 2018 (KAMPALA)-The Centre for Peace and Justice (CPJ) has called on the Organization for Petroleum Exporting Countries (OPEC) to implement recent sanctions imposed by the United State government on South Sudan oil sectors accused of alleged involvement in massive corruptions and using oil to fund war.
CPJ’s Executive Director Tito Anthony told Sudan Tribune on Thursday that it is important for the global marketing body (OPEC) to implement the US sanctions on oil companies (…)


News

/
,
,

South Sudan denies using oil money to fund ongoing civil war

March 6, 2018 (JUBA) – The South Sudanese government has rejected claims that the top leadership diverted millions of dollars from the national oil company to finance the ongoing civil war.
The campaign group, Global Witness, in a new investigative report, implicated the leadership in South Sudan is using oil revenues from Nile Petroleum Corporation – NilePet, the national Oil & Gas Corporation of South Sudan to fuel the conflict, now in its fifth year.
But South Sudan’s information (…)


News

/
,
,
,

South Sudan accepts to pay Sudan’s $262 million oil debt

November 4, 2017 (JUBA) – South Sudan government says it will pay the pay $262 million demanded for transfer of oil through Sudan’s territory.
“It was agreed that the government of South Sudan should pay off the outstanding arrears which were not paid,” South Sudan’s information minister, Michael Makuei Lueth was quoted saying.
He added, “We want to avoid renegotiating the existing oil deal.”
South Sudan got the lion’s share of the oil when it split from Sudan in July 2011 after a referendum, (…)


News

/
,

South Sudan accepts to pay Sudan’s $262 million oil debt

November 4, 2017 (JUBA) – South Sudan government says it will pay the pay $262 million demanded for transfer of oil through Sudan’s territory.
“It was agreed that the government of South Sudan should pay off the outstanding arrears which were not paid,” South Sudan’s information minister, Michael Makuei Lueth was quoted saying.
He added, “We want to avoid renegotiating the existing oil deal.”
South Sudan got the lion’s share of the oil when it split from Sudan in July 2011 after a referendum, (…)


News

/
,

South Sudan urged to establish oil research institute

October 12, 2017 (JUBA) – A Sudanese official has advised the South Sudan government to form a unit for research so that people are trained on oil-related matters.
Sallah Hassan, an advisor in Sudan’s Petroleum ministry, said the oil sector will prosper with a research and development institute in place.
“So you should start the unit of research to attract young good people from the university, put them on training and let them start research and development for future production,” said (…)


News

/

South Sudan President sacks head of state-oil company

September 7, 2017 (JUBA) – South Sudan President Salva Kiir has sacked the head of the state-owned oil company (Nilepet), James Thelweng and replaced him with a new managing director.
The president, in a decree read on the state-owned television (SSBC), removed Thelweng Mathiang and replaced with Chol Deng Thon.
Although no reasons were given for the president’s decision, the changes follow the scarcity of fuel in the country amid rising prices.
A holder of a master’s degree in Banking and (…)


News

/
,

South Sudanese army downplays rebel threats on oil fields

September 5, 2017 (JUBA) – A South Sudanese army (SPLA) official has downplayed threats from rebels, saying adequate security would be provided to oil workers operating in the oil field areas.
The assurance came barely a week after South Sudanese rebels warned workers in the oil-producing areas to vacate or risk being attacked in a planned operation to disrupt oil production.
“We have the ability to defend the oil fields and there should be no reason for the rebels to think that they will (…)


News

/
,

South Sudan rebels warn oil workers to vacate oilfields

September 2, 2017 (JUBA) – South Sudanese rebels have warned oil workers operating in the oil-producing regions of Unity state to leave the area.
The rebel spokesperson, Brig. Gen William Gatjiath said their forces were heading to the oil fields, claims Sudan Tribune could not verity.
“We would, therefore, like to once again remind all oil workers to evacuate the oil fields in Unity State without any delay,” he said.
The rebel official urged oil workers not to ignore their warnings and (…)


News

/
,
,

Juba, Khartoum to hold oil discussions next week: minister

September 2, 2017 (KHARTOUM) – Sudan’s Deputy Prime Minister and Minister of Investment Mubarak al-Fadil Saturday said Sudan and South Sudan would hold bilateral talks next week to discuss ways to develop oil production.
Al-Fadil told the official news agency SUNA, that “joint talks will be held next week with ministers from South Sudan to develop oil production and discuss ways to benefit from this production”.
Juba and Khartoum have recently signed a framework agreement to promote the (…)


News

/
,