Showing posts with label Sudan. Show all posts
Showing posts with label Sudan. Show all posts

Friday, July 27, 2007

Sudan assigns Chinese CNPC offshore oil block

(Reuters) - Sudan has signed a deal with Chinese state oil firm China National Petroleum Corp. (CNPC) to take a majority stake in its Block 13 exploration site, off the coast of the Red Sea, a senior Sudanese oil official said on Friday.

CNPC has a 40 percent stake, 15 percent for both Indonesian state firm and Sudanese state oil firm Sudapet.


Read more at Reuters Africa

Sunday, July 1, 2007

China's CNPC signs exploration agreement with Sudan

(Reuters) - China's top state-run energy group, China National Petroleum Corp. (CNPC), has signed an agreement with the Sudanese government to prospect for oil and gas in Sudan's northern territory, a local newspaper said on Monday.

Under the agreement, CNPC would have exploration rights to 13 oil blocks located in the northern coast of the Red Sea. The fields have a total acreage of about 3.8 square kilometres, China Petroleum Daily reported.


Read more at Reuters Africa

Monday, June 11, 2007

Sudan says still in discussions to join OPEC

(Reuters) - Sudan's oil minister said on Monday the African producer was still in discussions to join OPEC, though he gave no timeframe for a decision.

"The decision is ours -- we're still working on it," said Awad Ahmed al-Jaz at the Asia Oil and Gas conference in Kuala Lumpur.


Read more at Reuters Africa