17 Dec 2018

 

Second South Sudan Oil And Power Conference Set For Next Week

The second South Sudan Oil and Power (SSOP) conference is set to begin next Wednesday in Juba, according to the organizers.

By Ojwe Lumara

JUBA, 17 November 2018 [Gurtong]-The three-day event starting Tuesday , November 20 to Thursday, November 22 is focused on attracting international investors and service companies into the country’s newly revamped oil industry.

This year’s conference under the theme “Embracing the Private Sector,” follows a successful event in 2017-the country’s first dedicated energy and infrastructure conference.

South Sudan two months ago successfully resumed oil production by the Greater Pioneer Operating Company this year and the introduction of new international companies into the market, including Russia-based JSC Zarubezhneft.

The SSOP conference will include panel discussions on oilfield development; building the nation through energy infrastructure; and public private partnerships and initiatives; as well as a reception and gala dinner, presentations and workshops.

The Russian company is set to begin exploring the country’s open acreage and opportunities in trading after signing a memorandum of understanding with the Ministry of Petroleum this month.

Earlier this year operating consortia investors CNPC and Petronas affirmed their commitment to improving and increasing oil production in South Sudan after re-signing their production agreements with the government. Nigeria-based Oranto Petroleum began exploring for oil and gas in Block B3 in November 2017.

With a new peace deal signed, the government and existing investors in Juba are optimistic about prospects for the energy sector growth.

“South Sudan is dedicated to expanding oil and gas operations to strengthen the economy, as well as pursue economic diversification through new infrastructure and power projects,” said Hon. Ezekiel Lol Gatkuoth, Minister of Petroleum, South Sudan. “With two out of three of South Sudan’s operating companies producing again, it is imperative that new international service companies and providers enter the market to meet the demand for services. We are going to have an aggressive push and incentivize exploration activities with new blocks. South Sudan Oil & Power 2018 will be the venue for these deals to move forward.”

The 2018 conference will feature ministerial delegations from Sudan and Equatorial Guinea, and is held under the auspices of H.E. Salva Kiir Mayardit, President of South Sudan.

Keynote speakers will include President Salva Kiir Mayardit, Taban Deng Gai, First Vice President, James Wani Igga, Vice President, Ezekiel Lol Gatkuoth, Minister of Petroleum, South Sudan, Azhari Abdallah, Minister of Petroleum and Gas, Sudan and Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, Equatorial Guinea.

 

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