News

South Sudan’s First Energy Event Attracts 400 Delegates

South Sudan Oil & Power 2017 brought together 400 delegates including Vice President James Wani Igga and ministers of petroleum, energy, trade, roads, and environment.

The event, South Sudan’s first ever energy and infrastructure conference, aimed to attract investment into oil, gas, power and supporting infrastructure. Ministry and NOC representatives from Uganda and Sudan attended and delivered keynotes.

CNPC, Petronas, Tullow Oil and national oil company Nilepet and its international joint ventures supported the event as sponsors.

South Sudan’s first ever energy and infrastructure conference, endorsed by the Ministry of Petroleum and organized by Africa Oil & Power, launched last week and was oversubscribed by 30 percent. Four hundred delegates, including the Vice President, the Minister of Petroleum and five cabinet ministers, the presidents of all South Sudan’s joint operating companies, representatives from international oil companies CNPC, Petronas and Tullow Oil and ministerial delegations from Uganda and Sudan, attended the two-day event. Fifty speakers addressed the audience in Juba in a series of keynote speeches, presentations, workshops and panel discussions.

“We were blown away by the attendance and by the level of engagement from participants, which we believe reflects new optimism for South Sudan”

“We were blown away by the attendance and by the level of engagement from participants, which we believe reflects new optimism for South Sudan,” said Guillaume Doane, CEO of Africa Oil & Power. “This is a country with proven below-ground potential and an increasing commitment to resolving above-ground risks. The international investment community is recognizing that the market is ripe for resurgence.”

Indeed South Sudan has enormous proven onshore oil reserves, but production has slipped to about 120,000 barrels per day as two oilfields have been shut down due to security concerns.

The country has a capacity to produce more than twice this amount. Major issues discussed during South Sudan Oil & Power included enhancements to security at northern oilfields, increasing improved and enhanced oil recovery techniques at maturing fields with flagging output and securing financing for power and infrastructure. During the conference the governments of South Sudan and Sudan met to discuss strengthening oil trade. The governments of Uganda and South Sudan discussed how to upgrade energy infrastructure in the region.

“I can’t believe what we have accomplished. With Africa Oil & Power, we have started something big,” said H.E. Ezekiel Lol Gatkuoth, Minister of Petroleum of South Sudan, during the conference closing ceremonies. “We need to do this every year.”

admin

Recent Posts

IGP Steps In: FCID to Investigate Death of Man Detained Over N220,000 Debt

  The Kwara State Police Command has confirmed the death of a 35-year-old man, Jimoh…

5 hours ago

Red Sea Tragedy: US Pilots Shot Down in ‘Friendly Fire’ Mishap

Two US Navy pilots were shot down over the Red Sea early Sunday in “an…

5 hours ago

FG Lifts Five-Year Ban on Mining in Zamfara, Eyes Economic Boost

The Federal Government has officially lifted the five-year ban on mining activities in Zamfara State,…

9 hours ago

Death Toll Rises to 22 in Anambra Stampede, As Police Begin Investigation

  The death toll from a tragic stampede in Anambra State has risen to 22,…

9 hours ago

NNPCL Refutes Shutdown Claims: Port Harcourt Refinery Fully Operational

  The Nigerian National Petroleum Company Limited (NNPCL) has dismissed media reports suggesting that the…

1 day ago

Grim Friday: Man, Wife, Grandson Perish in Ibadan Fire

  A devastating house fire in the Ori-Eru area of Idikan, Ibadan, Oyo State, has…

1 day ago