Home | News    Monday 23 October 2017

Canadian firm resumes oil exploration in Sudan

separation
increase
decrease
separation
separation

Alfula Crude Oil and Natural Gas-fired Power Plant, Sudan (Lahmeyer Photo)
October 22, 2017 (KHARTOUM) - The State Oil Company Canada Ltd has signed a memorandum of understanding with Sudan’s state-owned oil firm Sudapet allowing it to get 50% of the latter’s share in the Al-Rawat oilfield.

In 2014, Sudan’s oil ministry signed oil exploration contracts with three companies, including the State Oil Company Canada Ltd and Nigeria’s Express Petroleum & Gas Ltd, to work in Al-Rawat field, White Nile state.

However, the State Oil Company Canada Ltd later withdrew from the partnership. As a result, Sudapet owned 70% of the shares while the two Nigerian firms share the remaining 30% equally.

The big Blok 26 or Al-Rawat field is mainly located in White Nile state but other parties are in Sennar and North Kordofan states. The oilfield is located near the pipeline which links Adarail oilfield in South Sudan to Port Sudan.

The exploration activities in this block include oil and gas. It is part of government’s efforts to increase the country’s daily production to 200.000 barrels.

In a press release following his meeting with the head of the delegation representing the Canadian firm Fath al-Rahman Khan Sunday, Sudan’s Minister of Petroleum Abdel-Rahman Osman said the “opportunity is now available to increase the oil production”.

He called upon the Canadian firm “to work to explore and promote the existing production of Sudapet at a number of oilfields”.

For his part, Khan expressed his company’s desire to resume its exploration and oil production activities, saying they will kick off their work after the signing of the contract with Sudapet.

According to the press release, “the technical teams from the two sides have engaged in business talks in preparation to sign the contract according to the regulations and laws governing the work of the oil sector”.

Sudan lost 75% of its oil reserves after the southern part of the country became an independent nation in July 2011, denying the north billions of dollars in revenues. Oil revenue constituted more than half of the Sudan’s revenue and 90% of its exports.

The East African country currently produces 133,000 barrels of oil per day (bpd). The country’s production is stationed mainly in the Heglig area and its surroundings, as well as western Kordofan.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Sudan can not give what it does not have 2018-10-16 14:36:47 The Sudanese Regime Tends to Order Righteousness to others while ignoring doing so for itself By Mahmoud A. Suleiman Heads of Failed States in the African Continent are trying to save other (...)

Ethiopia’s PM should review policies 2018-10-14 20:42:05 Ethiopian Prime Minister Dr Abiy Ahmed needs to change course in some of the policies he introduced in Ethiopia before history that brought him to leadership repeat itself. By Lul Gatkuoth (...)

Evaluating the IGAD-led peace mediation in South Sudan 2018-10-09 13:19:50 Lako Jada Kwajok September 12, 2018, marked the signing in Addis Ababa of the revitalised peace agreement also known as Revitalised Agreement on the Resolution of Conflict in the Republic of (...)


MORE






Latest Press Releases


Progress observed at end of second month of R-ARCSS implementation 2018-10-22 06:44:02 Press Release 21 October 2018 South Sudanese government released 24 detainees in the implementation of the revitalized peace agreement said the International Committee of the Red Cross (ICRC) (...)

4th Annual Tony Elumelu Foundation Entrepreneurship Forum Announced for 25th October 2018 2018-10-15 12:38:14 PRESS RELEASE OCTOBER 14, 2018 Africa’s leading entrepreneurship-focused philanthropic organisation, the Tony Elumelu Foundation (TEF), has announced October 25, 2018, as the date for its (...)

Unity State community in Kenya supports Khartoum peace agreement 2018-08-17 08:33:21 PRESS STATMENT 14th Aug, 2018 Re: We shall Rally behind Khartoum Peace Agreement The Unity State Community Association in Kenya was established in 2010 to organize and mobilize the people of (...)


MORE

Copyright © 2003-2018 SudanTribune - All rights reserved.