Petronas Eyes South Sudan Oil Blocks
(Bloomberg) -- Malaysian state energy company Petroliam Nasional Bhd. is interested in developing oil blocks in South Sudan, President Salva Kiir’s office said.
Kiir and Petroleum Minister Ezekiel Lul Gatkuoth on Tuesday held talks with a Petronas delegation headed by Mohd Anuar Bin Taib, the company’s executive vice president, according to a statement published by the Presidential Press Unit in the capital, Juba. The company is interested in investing in blocks (A) and (B), it said, without providing further details.
“The meeting discussed the company’s future in the country and its desire to work for oil exploration,” it said. “The president welcomed the visiting delegation and welcomed the desire of Malaysia Petronas Company to invest in the oil sector in South Sudan.”
South Sudan, which has sub-Saharan Africa’s third-biggest oil reserves, is resuming crude output curtailed by almost five years of conflict before a peace agreement was signed last month. Petronas has had a presence in the country for “several years” and is interested in expanding its business, Anuar said.
To contact the reporter on this story: Okech Francis in Juba at fokech@bloomberg.net. To contact the editors responsible for this story: Paul Richardson at pmrichardson@bloomberg.net Karl Maier.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Total Makes Significant Oil Find
- Dana Terminates Maersk Drilling Deal
- ENOG Takes Karish North FID
- NS2 Set to Finish Bulk of Work on One Line in June
- Feds Decline Comment on Exxon Permian Probe Report
- Leaking Pipeline Underscores Libya Production Challenges
- Demand Grows for Russia Flagship Crude
- Spirit Energy Contracts Rig for UKCS Infill Well
- Equinor to Test Floating Solar Off Froya
- Total Drops API Membership
- ADNOC Creates New Directorate
- Total Makes Significant Oil Find
- Ex-Shell Manager Joins Galp
- Equinor Bags Largest Ever US Offshore Wind Award
- Dana Terminates Maersk Drilling Deal
- Saudis Curb Crude Supplies to Some Buyers
- Subsea 7 Director Stevens Passes Away
- ENOG Takes Karish North FID
- Total Becomes French Leader in Renewable Gas
- NS2 Set to Finish Bulk of Work on One Line in June
- Executives Predict 2021-End Oil Price
- Biden Picks Energy Sec Nominee
- Shale Needs More to Boom Again
- Canada Gov Supports Hibernia Project
- Troops Fight Off Attack Near $20B LNG Project
- India Asked to Pay $1.2B to Cairn
- Pacific Drilling Expects Ch11 Emergence by End 2020
- Qatar and Four Arab States to Fully Restore Ties
- BLM Finalizes Alaska Activity Plan
- OGUK Reacts to Brexit Deal