South Sudan Oil & Power 2018 is returning to Juba on Nov. 21-22, and\u00a0is focused on attracting international investors and service companies into the country\u2019s newly revamped\u00a0oil industry.<\/p>\n
The theme for the conference \u2014 Embracing the Private Sector \u2014 follows the successful resumption of oil
\nproduction by the Greater Pioneer Operating Company this year and the introduction of new international
\ncompanies into the market, including Russia-based JSC Zarubezhneft. The Russian company is set to
\nbegin exploring the country\u2019s open acreage and opportunities in trading after signing a memorandum of
\nunderstanding with the Ministry of Petroleum this month.<\/p>\n
Earlier this year operating consortia investors\u00a0CNPC and Petronas affirmed their commitment to improving and increasing oil production in South\u00a0Sudan after re-signing their production agreements with the government. Nigeria-based Oranto Petroleum\u00a0began exploring for oil and gas in Block B3 in November 2017. With a new peace deal signed and in\u00a0implementation, the government and existing investors in Juba are optimistic about prospects for energy\u00a0sector growth.<\/p>\n
\u201cSouth Sudan is dedicated to expanding oil and gas operations to strengthen the economy, as well as
\npursue economic diversification through new infrastructure and power projects,\u201d said Hon. Ezekiel Lol
\nGatkuoth, Minister of Petroleum, South Sudan. \u201cWith two out of three of South Sudan\u2019s operating
\ncompanies producing again, it is imperative that new international service companies and providers enter
\nthe market to meet the demand for services. We are going to have an aggressive push and incentivize
\nexploration activities with new blocks. South Sudan Oil & Power 2018 will be the venue for these deals
\nto move forward.\u201d<\/p>\n
Following a successful event in 2017 \u2014 the country\u2019s first dedicated energy and infrastructure conference
\n\u2014 the two-day SSOP conference this year will include panel discussions on oilfield development;
\nbuilding the nation through energy infrastructure; and public private partnerships and initiatives; as well
\nas a reception and gala dinner, presentations and workshops.<\/p>\n
The 2018 conference will feature ministerial delegations from Sudan and Equatorial Guinea, and is held
\nunder the auspices of H.E. Salva Kiir Mayardit, President of South Sudan.<\/p>\n
Keynote speakers will include H.E. Salva Kiir Mayardit, President, South Sudan; Hon. Taban Deng Gai,
\nFirst Vice President, South Sudan; Hon. James Wani Igga, Vice President, South Sudan; Hon. Ezekiel Lol
\nGatkuoth, Minister of Petroleum, South Sudan; H.E. Azhari Abdallah, Minister of Petroleum and Gas,
\nSudan and H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, Equatorial Guinea.<\/p>\n","protected":false},"excerpt":{"rendered":"