South Sudan announces promotion of licensing round

44616296101 477ea9b26c kSouth Sudan’s Minister of Petroleum Awow Daniel Chuang will announce the country’s 2020 oil and gas licensing round at South Sudan Oil & Power 2019

The Minister also plans to announce a tender for an environmental audit of the country’s producing oilfields.

Minister Chuang is now actively seeking exploration, seismic and geophysical companies to gather and present exploration data at the event. He’s inviting Canadian, US and European companies to Juba to gain a better understanding of South Sudan’s oil and gas sector.

“This is an incredible milestone in South Sudan’s plans to double oil production by 2020. The country has a massive onshore reserve base and vast unexplored areas that make a licensing round very exciting. We are excited to host the announcement of the 2020 oil and gas licensing round at Africa Oil & Power 2019 and South Sudan Oil & Power 2019,” said Guillaume Doane, CEO of Africa Oil & Power.

A stable peace deal, the resumption of production at several major oilfields and cooperation with northern neighbour, Sudan, have all significantly improved investment conditions in the country’s energy sector.

The event on 29-30 October will host panels on finance, oilfield technology and community development.

Under the theme Focus on Finance, SSOP 2019 will take place under the auspices of Salva Kiir Mayardit, president of the Republic of South Sudan, and will kick off with the inauguration and gala dinner sponsored by Trinity Energy on 28 October.

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