BEIJING (Reuters) - China National Petroleum Co, or CNPC, has entered into an agreement with South Sudan to boost production of existing oilfields in the young African state, according to a report in China Petroleum New, a CNPC-run paper.
Oil is the main source of cash for South Sudan, but output has dropped due to conflict and ageing fields. Fighting between rebels and the government has damaged some fields.
CNPC's engineering and services team will work with oil producers in South Sudan and also conduct training on technologies to enhance oil recovery (EOR), the report said.
Main investors in South Sudan include CNPC, parent of PetroChina, Malaysia's state-run oil and gas firm Petronas and India's ONGC Videsh.
The 1/2/4 block in South Sudan, that produces mainly a medium sweet crude called Nile Blend, has entered its latter stage of production, while block 3/7 and block 5 produce largely heavy crude, the report said.
All of these fields require EOR technology to boost output.
The report did not give further details.
A South Sudanese oil official put production in late June at about 160,000 barrels per day. It had been in the range close to 260,000 bpd.
- Business
- Sectors & Industries
- South Sudan
- CNPC
Source http://news.yahoo.com/cnpc-sudan-mou-boost-oil-production-065305605--finance.html
Newer articles:
- South Sudan president lifts dawn-to-dusk curfew - 24/12/2014 05:36
- South Sudan Peace Talks Collapse - Again - 22/12/2014 23:47
- Ethiopian PM backs "last resort" South Sudan sanctions - 22/12/2014 19:11
- Presidents meet to discuss peace in South Sudan - 22/12/2014 15:12
- China sends 700 peacekeepers to South Sudan - 22/12/2014 07:45
Older news items
- Sudan to deliver residence cards to 500,00 South Sudanese - 22/12/2014 06:51
- UN: South Sudan rebels committed atrocities - 20/12/2014 11:39
- Ewan McGregor speaks out on South Sudan - 20/12/2014 05:54
- South Sudan rebels killed 11 in Bentiu and raped women, UN says - 20/12/2014 00:45
- South Sudan Rebels #39;Deliberately Targeted #39;, Killed Civilians in Bentiu, UN Says - 19/12/2014 19:36
Latest news items (all categories):
- South Sudan can leverage China’s AI path to bridge the digital divide - 16/09/2026 16:04
- Credible Elections Are No Longer Possible in South Sudan - What Next? - 16/09/2026 15:59
- South Sudan's president replaces electoral chief three months before scheduled polls - 16/09/2026 15:56
- Turkish Airlines is pulling out of 5 African routes, including South Sudan - 16/09/2026 15:23
- ‘Super El Niño’ deepens hunger crisis in South Sudan – WFP - 16/09/2026 15:19
Random articles (all categories):
- Japan donates over US $209,000 to Mine Action in South Sudan - 06/05/2020 03:28
- Neck and Neck: Ankara and Moscow in the New 'Race for Africa' - 23/04/2022 10:26
- African Union announces South Sudan war crimes court - 29/09/2015 15:11
- Open letter to the President - Request to Pardon Teenager Magai Matiop Ngong - 31/12/2020 11:03
- South Sudan: Breakdown in South Sudan - What Went Wrong, How to Fix It - 14/01/2014 17:00
Popular articles:
- Who is the darkest person in the world, according to Guinness World Record? - 25/10/2022 02:34 - Read 149628 times
- School exam results in South Sudan show decline - 01/04/2012 17:58 - Read 28117 times
- Top 10 weakest currency exchange rates in Africa in 2023 - 19/07/2023 00:24 - Read 25198 times
- No oil in troubled waters - 25/03/2014 15:02 - Read 24466 times
- NDSU student from South Sudan receives scholarship - In-Forum - 29/09/2012 01:44 - Read 22417 times
