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30 Dec 2018| Posted by Morris | In Materials and Products
Atef Mustafa, General Manager of Sudapet Ltd., the technical arm of the Sudanese Ministry of Oil, said that the doors of cooperation with NileBet from South Sudan are open to their projects. The talks will lead to the signing of a comprehensive cooperation agreement for oil services.
The Sudanese oil minister explained that the agreement requires that the company "Sudapet" and its subsidiaries in an economic partnership, to carry out joint work with the company "Nile Bit" in the provision of all oil services in the fields of the south. He pointed out that "Sudapet" and its companies have the potential, mechanisms, equipment and expertise gained during its journey since the beginning of the extraction of Sudanese oil, in order to achieve the common interests between the companies "Sudapet" and "Nile bit".
In addition, Sudan is scheduled to submit early next year, an international tender for oil investment in 10 fields and squares in large areas in different parts of the country, the second phase of a tender offered by Khartoum last year, including 51 square available for oil and gas investment. From the beginning of this year, Sudan is witnessing an active movement in the oil investment sector as part of its plans to reform its economic situation and benefit from its oil resources in pumping foreign currency difficult for the country.
Khartoum has taken measures to raise the country's oil production this year to 13 million barrels, with a return of up to one billion dollars. The Sudanese Ministry of Oil and Gas received more than seven international oil companies during the current year, submitted in the first tender offered by the middle of last year. Sudan announced last February that its oil reserves had increased to 561 million barrels after testing the first well in the Rawat field, which lies between Sudan and southern Sudan, and the current exploration in the field raises production capacity to 40,000 barrels a day.
In November, Belgium announced the bankruptcy of 098 companies, causing the loss of 8,041 people, including 617 full-time employees,
At the end of the visit of a Russian delegation to the city of Port Sudan in eastern Sudan, it was agreed to establish a refinery for the Sudanese oil refining on the Red Sea with a capacity of 20 thousand barrels per day, with Russian funding.
According to Sudanese Oil, Gas and Minerals Minister Azhari Abdelkader, after meeting with Raman Sergovic, general manager of Russia Geology two days ago, the agreement to build an oil refinery came after three days of negotiations in Port Sudan on the Red Sea coast. He added that the two parties discussed during the meeting the financial and administrative aspects of the refinery project, which will be funded by Russia, and that a committee was set up to study the technical aspects of the Russian offer, with the completion of negotiations during the next two months. The project comes within the framework of programs of economic and oil cooperation between Sudan and Russia, which took place mid-month in Moscow protocol of the sixth round of meetings of the joint ministerial committee between the two countries, in the presence of the ministers of oil and minerals.
Sudan and Russia signed an agreement last year to exploit gas in the Red Sea. Sudan last month received the Russian foreign minister at the head of a large economic delegation, and the largest companies operating in Sudan in mining. He also received last month the Russian oil minister in the framework of preparations for the High Commission between the two countries, which concluded its work in Moscow recently.
The volume of trade exchange between Sudan and Russia amounted to $ 400 million. The balance of trade between the two countries over the past seven months has eroded by 73 percent.
Sudan and southern Sudan signed an agreement to export 1 million barrels of oil in Port Sudan on Sunday. The Sudanese oil minister said that Sudan's technical potential in the field of oil is available to the state of the south, so that the south can exploit all its oil wealth.
The minister announced the readiness of the ministry in all its labs and training centers to contribute to raising the capabilities of South Sudan's oil field workers, as well as the potential of the Sudanese oil companies, referring to the agreement signed earlier in Juba
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