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Exploration

The East African country is conducting the second licensing round for petroleum exploration, covering five prolific oil blocks in the Albertine Graben, the country’s most prospective sedimentary basin

South Sudan is preparing to restart production in various oil fields, including Block 5A operated by Sudd Petroleum Operating Company (SPOC), which has started corporate social responsibility activities for local communities surrounding Block 5A in the Tharjath field

Dubai-based Dragon Oil, a unit of Emirates National Oil Company (ENOC), has acquired BP’s stake in The Gulf of Suez Oil Company (GUPCO Egypt) after obtaining the approval from the Egyptian Ministry of Petroleum and Mineral Resources

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