Kheiri Abdelrahman, the country’s acting Energy Minister made the announcement and said that the concessions aim to revive the country’s oil sector which has been declining since the secession of South Sudan back in 2011. The investors who will obtain the concessions should use modern technologies to increase oil production from exploration data in order to quickly reach peak production. Following South Sudan’s secession, Sudan lost about 75% of oil production, 66% of exports, and half of the fiscal revenues. Sudan and its economy have never fully recovered from the loss of oil production since the secession. With seven wells, this oilfield will add approximately 3,000 barrels a day of oil production boosting the country’s output to 64,000 bpd.

Source: The North Africa Journal November 21, 2020 18:11 UTC