Country expected to boost production in Heglig area to 80,000 b/d this year
Sudan expects to sign oil exploration deals for six blocks in the coming month, according to the country’s oil minister Awad Ahmed al-Jaz.
Al-Jaz told the country’s parliament in Khartoum that Sudan launched a tender for six unlicensed blocks and had received more than 70 offers from international companies, according to Reuters.
Sudan is attempting to boost oil production amid an ongoing conflict with South Sudan that has significantly affected its crude exports.
Al-Jaz said Sudan is looking to expand oil production to 80,000 barrels a day (b/d) this year in the contested Heglig area. Production was reported to be 60,000 b/d in March.
The Heglig field is operated by Greater Nile Petroleum Operating Company (GNPOC) owned by China National Petroleum Corporation, Malaysia-based Petronas, India’s ONGC and state-owned Sudan National Petroleum Corporation (Sudapet).
You might also like...
Iraq signs deal to develop the Akkas gas field
25 April 2024
Emaar appoints beachfront project contractor
25 April 2024
Acwa Power signs $356m Barka extension
25 April 2024
AD Ports secures Angola port concession agreement
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.