S. Sudan oil entity takes over oilfields abandoned by PETRONAS ...Sudan

August 21, 2024 (JUBA)- South Sudan-owned oil company (Nilepet) has taken control of oilfields and assets abandoned by the Malaysian oil firm, PETRONAS. The decision was made after the Malaysian conglomerate announced it would leave the East African nation after 14 years of operation in the energy sector. On Monday, senior officials from South Sudan’s Ministry of Petroleum, stakeholders’ representatives and the chairman of the board of directors attended a high level meeting chaired by President Salva Kiir in the capital, Juba. The meeting, the state-owned South Sudan Broadcasting Corporation (SSBC) reported, said it discussed the withdrawal of PETRONAS from the country’s energy sector. Thi

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