Press

South Sudan's First Energy Event Attracts 400 Delegates, Catalyst for Cooperation with Sudan and Uganda


The event, South Sudan's first ever energy and infrastructure conference, aimed to attract investment into oil, gas, power and supporting infrastructure.

  • South Sudan Oil & Power 2017 (http://APO.af/AyAop7) brought together 400 delegates including Vice President James Wani Igga and ministers of petroleum, energy, trade, roads, and environment.
  • The event, South Sudan's first ever energy and infrastructure conference, aimed to attract investment into oil, gas, power and supporting infrastructure. Ministry and NOC representatives from Uganda and Sudan attended and delivered keynotes.
  • CNPC, Petronas, Tullow Oil and national oil company Nilepet and its international joint ventures supported the event as sponsors.

South Sudan's first ever energy and infrastructure conference, endorsed by the Ministry of Petroleum and organized by Africa Oil & Power, launched last week and was oversubscribed by 30 percent. Four hundred delegates, including the Vice President, the Minister of Petroleum and five cabinet ministers, the presidents of all South Sudan's joint operating companies, representatives from international oil companies CNPC, Petronas and Tullow Oil and ministerial delegations from Uganda and Sudan, attended the two-day event. Fifty speakers addressed the audience in Juba in a series of keynote speeches, presentations, workshops and panel discussions.

“We were blown away by the attendance and by the level of engagement from participants, which we believe reflects new optimism for South Sudan,” said Guillaume Doane, CEO of Africa Oil & Power. “This is a country with proven below-ground potential and an increasing commitment to resolving above-ground risks. The international investment community is recognizing that the market is ripe for resurgence.”

Indeed South Sudan has enormous proven onshore oil reserves, but production has slipped to about 120,000 barrels per day as two oilfields have been shut down due to security concerns.

The country has a capacity to produce more than twice this amount. Major issues discussed during South Sudan Oil & Power included enhancements to security at northern oilfields, increasing improved and enhanced oil recovery techniques at maturing fields with flagging output and securing financing for power and infrastructure. During the conference the governments of South Sudan and Sudan met to discuss strengthening oil trade. The governments of Uganda and South Sudan discussed how to upgrade energy infrastructure in the region.

“I can't believe what we have accomplished. With Africa Oil & Power, we have started something big,” said H.E. Ezekiel Lol Gatkuoth, Minister of Petroleum of South Sudan, during the conference closing ceremonies. “We need to do this every year.”



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

africaoilandpower.com/explore/news/

AfricaSouth SudanUganda

More items from oilvoice


Africa E&P Summit

The organisers of the Africa E&P Summit are bringing together Africa's leading exploration companies and governments, just one of the many reasons why you should be attending frontier's event that they are organising and hosting in London at the IET: Savoy Place, 22-23 May. Over 200 key senior exec ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Africasummitoil summit +2

Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice


Posted 7 months agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice


Posted 7 months agoPress > CNOOCChina National Offshore Oil CorporationChevron +11

Total Announces the Distribution of its Second 2018 Interim Dividend

The Board of Directors met on December 12, 2018 and declared  the distribution of a second interim dividend for the 2018 fiscal year of €0.64 per share, in accordance with the Board's decision of July 25, 2018, an amount equal to the first 2018 interim dividend and an increase of 3.2% compared to t ...

OilVoice Press - OilVoice


Posted 8 months agoPress > TotalDividend
All posts from oilvoice