SOUTH SUDAN TO EXPLORE OIL FIND IN THE ADAR AREA IN NORTHERN UPPER NILE REGION
Michael Makuei Lueth, information minister of South Sudan, said that they will embark on exploring the oil well in the Gasab area of Adar near the Paloch oil field in the northern Upper Nile region.
“The minister of petroleum informed us that they made oil discovery in a place called Gasab in Adar area,” said Makuei in Juba but did not disclose the size of the well.
Awow Daniel Chuang, minister of petroleum last week briefed the cabinet about the discovery of the Adar oil block.
“Oilfields are more secure than any other place in South Sudan which means South Sudan is becoming more secure and the peace implementation also is in progress which will help us to attract more investors to South Sudan whether in the upstream or downstream,” said Chuang.
South Sudan will on Oct. 28-30 host its third annual oil and gas conference in partnership with Africa Oil and Power which focuses on key issues of finance, oil field technology and community development.
Oil production has of late peaked to 175,000 barrels a day from less than 130,000 bpd due to prevailing peace after the government and opposition groups signed the revitalized peace deal in September 2018 in Ethiopia.
The Adar oilfield, also known as the Adar Yale, Adar Yeil or Adaril field, is an oilfield situated in the Melut Basin in South Sudan estimated to contain about 276 million barrels (43,900,000 m3) of oil. The Chevron Corporation discovered the Adar Yale field in 1981, shortly before the start of the Second Sudanese Civil War (1983–2005).
- AIRBUS HELICOPTERS FINDS ROOT CAUSE OF THE TUROY H225 CRASH 14th September 2019
- LAUNCH OF THE GIANT ARCTIC LNG 2 DEVELOPMENT APPROVED 09th September 2019
- EXXONMOBIL TO LEAVE NORWAY FOR GOOD – THE END OF A BEAUTIFUL STORY 08th September 2019
- NORTH SEA GIANT JOHAN SVERDRUP ON STREAM IN OCTOBER 06th September 2019
- ARRIVAL OF LIZA DESTINY OFFSHORE GUYANA 30th August 2019
- BP SAYS GOODBYE TO ALASKA – SALE OF BUSINESS TO HILCORP FOR $ 5.6 BILLION 28th August 2019