{"id":14459,"date":"2024-08-13T14:34:34","date_gmt":"2024-08-13T14:34:34","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14459"},"modified":"2024-08-13T14:34:34","modified_gmt":"2024-08-13T14:34:34","slug":"south-sudan-petronas-withdraws-from-3-blocks","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-petronas-withdraws-from-3-blocks\/","title":{"rendered":"SOUTH SUDAN: PETRONAS Withdraws from 3 Blocks"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">PETRONAS&#8217; subsidiary, PETRONAS Carigali Nile Limited (PCNL) has announced the withdrawal of its operations in the Republic of South Sudan (RSS).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The decision was made following a two-year period of divestment initiatives in alignment with PETRONAS\u2019 long-term investment strategy amid the changing industry environment and accelerated energy transition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">PCNL will continue to work with all relevant stakeholders to ensure an amicable transition while being mindful of the rights of its employees, in accordance with applicable laws, petroleum agreements as well as PETRONAS\u2019 policy and procedures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The JOC in which Petronas was a member operates three blocks in South Sudan including operate Block 3\/7 (40 per cent), Block 1\/2\/4 (30 per cent), and Block 5A (67.9 per cent).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PETRONAS&#8217; subsidiary, PETRONAS Carigali Nile Limited (PCNL) has announced the withdrawal of its operations in the Republic of South Sudan (RSS). The decision was made following a two-year period of &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-petronas-withdraws-from-3-blocks\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":14460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7443,11],"tags":[10891,10890,3829,2024,2382],"class_list":["post-14459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-eastern-africa","category-top-news","tag-block-1-2-4","tag-block-3-7","tag-block-5a","tag-petronas","tag-south-sudan","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/08\/South-Sudan-Petronas.png?fit=512%2C542&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3Ld","jetpack-related-posts":[{"id":14530,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-wildcat-petroleum-signs-mou-with-nile-petroleum-corporation\/","url_meta":{"origin":14459,"position":0},"title":"SOUTH SUDAN: Wildcat Petroleum Signs MOU with Nile Petroleum Corporation","author":"","date":"September 17, 2024","format":false,"excerpt":"Wildcat Petroleum has announced it has entered into a Memorandum of Understanding (MOU) with Nile Petroleum Corporation (Nilepet), the National Oil and Gas Corporation of South Sudan, to collaborate together for acquiring the assets held by Petronas Carigali Nile Limited (PCNL), a subsidiary of Petronas Nasional Berhad (together PETRONAS), in\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Wildcat_Logo.png?fit=400%2C505&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12948,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-petronas-to-acquire-savannah-energys-entire-oil-and-gas-business-for-up-to-us1-25-billion\/","url_meta":{"origin":14459,"position":1},"title":"SOUTH SUDAN: PETRONAS to acquire Savannah Energy&#8217;s Entire Oil and Gas Business for up to US$1.25 billion","author":"","date":"December 13, 2022","format":false,"excerpt":"Savannah Energy PLC has announced that it has entered into a Share Purchase Agreement (SPA) with PETRONAS International Corporation Limited to acquire PETRONAS'\u00a0entire oil and gas business in South Sudan through the acquisition of Petronas Carigali Nile Limited, for a total cash consideration of up to US$1.25 billion, subject to\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/South-Sudan-Toors-oil-Field.jpg?fit=919%2C617&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/South-Sudan-Toors-oil-Field.jpg?fit=919%2C617&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/South-Sudan-Toors-oil-Field.jpg?fit=919%2C617&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/South-Sudan-Toors-oil-Field.jpg?fit=919%2C617&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":13001,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-klg-advises-savannah-energy-on-1-25b-acquisition-of-petronas-oil-gas-business\/","url_meta":{"origin":14459,"position":2},"title":"SOUTH SUDAN: KLG Advises Savannah Energy on $1.25B Acquisition of Petronas Oil &#038; Gas Business","author":"","date":"December 19, 2022","format":false,"excerpt":"Kirk Lovegrove & Company has advised Savannah Energy PLC on the acquisition of PETRONAS\u2019s entire oil and gas business in South Sudan for a total cash consideration of up to US$1.25 billion. Completion of the Transaction would result in Savannah acquiring PETRONAS\u2019s interests in three Joint Operating Companies which operate\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/DPOC-South-Sudan-image.webp?fit=800%2C632&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/DPOC-South-Sudan-image.webp?fit=800%2C632&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/DPOC-South-Sudan-image.webp?fit=800%2C632&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/12\/DPOC-South-Sudan-image.webp?fit=800%2C632&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":10470,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-launches-first-licensing-round\/","url_meta":{"origin":14459,"position":3},"title":"South Sudan Launches First  Licensing Round","author":"","date":"June 23, 2021","format":false,"excerpt":"The Ministry of Petroleum (MoP) of the Republic of South Sudan, is honored to announce the launch of the country\u2019s first Oil Licensing Round. The MoP has identified new exploration blocks with potential hydrocarbons and has compiled crucial data to provide to interested investors, operators and counterparties. According to the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10474,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-spocs-block-5a-recommences-oil-production\/","url_meta":{"origin":14459,"position":4},"title":"SOUTH SUDAN: SPOC&#8217;s Block 5A Recommences Oil Production","author":"","date":"June 23, 2021","format":false,"excerpt":"Production in South Sudan\u2019s Block 5A \u2013 operated by Sudd Petroleum Operating Company (SPOC) \u2013 has resumed from the Tharjiath Central Processing Facility into the Tharjiath - WNPOC Heglic Control Centre pipeline after seven years of production shutdown due to civil war. SPOC will unpack its production resumption journey at\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4170,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ongc-videsh-to-sponsor-students-from-south-sudan-to-indian-universities\/","url_meta":{"origin":14459,"position":5},"title":"ONGC Videsh to sponsor students from South Sudan to Indian universities","author":"","date":"December 8, 2015","format":false,"excerpt":"ONGC Videsh has offered to sponsor 20 students from South Sudan for the graduate level technical course in Petroleum Engineering in reputed institutes in India. Under this program, the first batch of five students was enrolled in the BSc (Petroleum Operations) course in the University of Petroleum & Energy Studies\u2026","rel":"","context":"In &quot;Elsewhere in Africa&quot;","block_context":{"text":"Elsewhere in Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/elsewhere-in-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/12\/ONGC-south-sudan.jpg?fit=1200%2C678&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/12\/ONGC-south-sudan.jpg?fit=1200%2C678&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/12\/ONGC-south-sudan.jpg?fit=1200%2C678&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/12\/ONGC-south-sudan.jpg?fit=1200%2C678&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/12\/ONGC-south-sudan.jpg?fit=1200%2C678&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=14459"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14459\/revisions"}],"predecessor-version":[{"id":14461,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14459\/revisions\/14461"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/14460"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=14459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}