Press

Egypt Petroleum Minister to Speak in Juba at South Sudan Oil and Power


  • Egypt's Petroleum Minister H.E. Tarek El-Molla will speak at the South Sudan Oil and Power 2019 (SSOP) conference alongside South Sudan Minister of Petroleum Hon. Awow Daniel Chuang.
  • South Sudan's Ministry of Petroleum calls for oilfield technology companies from Egypt and globally to optimize oilfields, increase production and improve environmental performance.
  • Together South Sudan and Egypt produce 850,000 barrels of oil production per day – almost 90 percent of the entire production of the Nile Basin region of north-east Africa.
  • Under the theme ‘Focus on Finance', SSOP 2019 is poised to create investment opportunities across the energy value chain.

Juba, South Sudan – Egypt is in position to take a leading role in overhauling South Sudan's oil production, with Egypt's Minister of Petroleum agreeing to speak at the South Sudan Oil & Power conference on October 29-30. The announcement comes in the wake of a major new oil discovery in the Adar oilfield in Block 3 containing more than 300 million barrels of recoverable oil.

With a major focus on ramping up its oil industry during a period of peace, South Sudan is recovering its position as a major African producer and is actively creating a favorable investment climate through high-level discussions with energy leaders, ministries and companies at South Sudan Oil & Power 2019, produced by Africa Oil & Power (AOP).

Egypt's Minister of Petroleum H.E. Tarek El-Molla will speak at the conference alongside South Sudan's Minister of Petroleum Hon. Awow Daniel Chuang. The conference takes place under the auspices of South Sudanese President H.E. Salva Kiir. Together South Sudan and Egypt produce 850,000 barrels of oil production per day – almost 90 percent of the entire production of the Nile Basin region of north-east Africa.

“We are very excited to confirm H.E. Tarek El-Molla and a delegation from Egypt to this year's South Sudan Oil & Power,” said Guillaume Doane, CEO of Africa Oil & Power. The participation of Nile Basin countries and stimulating regional trade is a big priority for this year's conference. Egypt has a tremendous technical experience that can deliver significant value to South Sudan's petroleum and power industries.”

Under the theme ‘Focus on Finance' SSOP 2019 is set to explore the challenges and means of financing projects, attracting new investment, and investing in facilities. In addition to finance, the conference will examine community development, environmental issues, and oilfield technology.

AOP is talking with Egyptian companies to bring a delegation of private and public sector companies to Juba as part of an Egypt-South Sudan petroleum industry trade mission. There are numerous opportunities for investors to enter South Sudan's revived oil and energy space. Egypt has a dynamic on- and offshore industry and is the largest oil producer in the Nile Basin region.

“The Ministry of Petroleum is committed to working closely with its partners to make available the significant opportunities in the South Sudanese oil and gas sector to new entrants,” Minister Chuang said in an invitation to Egyptian companies to visit Juba for SSOP.

South Sudan's Ministry of Petroleum has made numerous appeals for oilfield technology providers to enter the country, which has Africa's third largest oil reserves. The government estimates that only one quarter of South Sudan has been explored to date. The country is dedicated return to pre-war production levels of 350,000 barrels of oil per day by 2020 by increasing production in Greater Pioneer Operating Company's recently rehabilitated oilfields and resuming production in Sudd Petroleum Operating Company fields.

Minister Chuang will announce South Sudan's 2020 oil and gas licensing round at two strategic conferences this October: Africa Oil & Power 2019 in Cape Town, South Africa, on October 9-11 and South Sudan Oil & Power (SSOP) 2019 in Juba on October 29-30. The Minister will also announce a tender for an environmental audit for the country's producing oilfields at the SSOP conference.

Find out more and register for your delegate pass at www.ssop2019.com.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

https://africaoilandpower.com/2019/08/23/egypt-pet...

South SudanSouth Sudan Oil & PowerEgyptTarek El-MollaFocus on FinanceOilgasAwow Daniel Chuang

More items from aydanur


Resource: Following the Flow of African Energy Finance

Read more on Africa's energy investment gap in the Africa Energy Series (AES) Special Report: Africa Energy Finance 2020 – the leading investor resource for tackling finance for a new decade of intra-African trade and investment. What is the annual estimated investment needed to realize the Afric ...

Aydanur Akkurt - Africa Oil & Power


Posted 5 days agoLink > AfricaAfrican EnergyEnergy +20

Africa Oil & Power Releases Africa Energy Finance Report, Launches Dedicated Finance and Investment Event in 2021

Africa Oil & Power (AOP) has launched its Africa Energy Series: Africa Energy Finance 2020 digital report, as a tool to identify financing needs across the energy value chain.  The continent is projected to require $29-39 billion in annual investment to meet forecast energy demand and achieve ...

Aydanur Akkurt - Africa Oil & Power


Posted 8 days agoPress > Africa Oil & PowerAOPAfrica +17

Oil and Gas Discoveries in Southwest Africa Set to Open New Basins for Development

By  NJ Ayuk, Executive Chairman, African Energy Chamber   Last spring, the Maersk  Voyager,  an ultra-deepwater drillship under contract by French supermajor Total, drilled a wildcat well in the deepest water ever — 3,628 meters (11,903 feet) in Block 48, a massive area with potentially huge oil r ...

Aydanur Akkurt - Africa Oil & Power


Posted 8 days agoOpinion > AfricaAfrican EnergyAfrican Energy Chamber +25

Libya Unites Large-Scale Production with Frontier Potential

Home to the largest recoverable reserves on the continent, Libya's vast and underexplored basins are sparking the interest of major operators, as the North African producer seeks to sustain oil output in the long-term. While Libya saw the temporary halt of its oil production earlier this year due ...

Aydanur Akkurt - Africa Oil & Power


Posted 12 days agoLink > AfricaAfrican EnergyEnergy +24

Resource: Libya’s Power Sector Briefing

As activity in Libya's hydrocarbon sector resumes, read more on how Africa's largest potential producer is harnessing its singular frontier potential to attract major operators and grow power generation, in a series of articles from the Africa Energy Series Special Report: Libya 2020. As domestic ...

Aydanur Akkurt - Africa Oil & Power


Posted 12 days agoLink > AfricaAfrican EnergyEnergy +15
All posts from aydanur