SOMALIA: Coastline Exploration Signs Seven PSA’s Amid Rejection from President and PM

Coastline Exploration has signed seven Production Sharing Agreements (PSAs) covering offshore, deep-water blocks of the Federal Republic of Somalia. These PSAs enable Coastline to proceed with plans to explore for oil … Read More

Regional Leaders Gather at South Sudan Oil & Power 2021

Celebrating a decade of independence and taking place against a backdrop of sustained peace and resilience, South Sudan welcomes guests to South Sudan Oil & Power (SSOP) 2021; SSOP 2021 … Read More

South Sudan Launches First Licensing Round

The Ministry of Petroleum (MoP) of the Republic of South Sudan, is honored to announce the launch of the country’s first Oil Licensing Round. The MoP has identified new exploration … Read More

EGYPT: Ministry of Petroleum & Schlumberger Launch the Egypt Upstream Gateway

The Egyptian Ministry of Petroleum and Schlumberger announced today the launch of the Egypt Upstream Gateway, an innovative national project for the digitalization of subsurface information. This digital platform will … Read More

Higher Oil Production Levels Just Around the Corner in South Sudan

South Sudan is pushing ahead with plans to increase oil production after the Covid-19 pandemic saw levels temporarily drop. The global pandemic and resultant lockdowns with restricted international travel meant … Read More

Gabon: New Government is Best Placed to Support Energy Industry Recovery

The new Gabonese government announced last week by President Ali Bongo Ondimba demonstrates Gabon’s intention to work on a post-Covid19 recovery based on sustainability, transparency and a sound and stable … Read More

SOUTH SUDAN: Peace Deal Could Attract Oil Investment for Juba

By Neil Ford The February peace agreement that was struck between the government of South Sudan and opposition forces could help to reignite interest in the country’s oil industry. Restrictions imposed … Read More

PETROLEUM REPORT PROVIDES DETAILED FINANCIAL INFORMATION AND STATISTICS FROM THE SOUTH SUDAN OIL SECTOR

The seventh Petroleum Report issued by the Ministry of Petroleum, Republic of South Sudan, provides an overview of world oil markets and fundamentals, price forecasts, oilfield reserves, and the ministry’s … Read More