|
Home |
Business News |
Browse by Publication |
A |
APS Review Oil Market Trends
|
Sudan - The Background.
|
|
|
|
Article Excerpt Petroleum exploration in Sudan began in the early 1960s. The activity was originally concentrated offshore in the Red Sea. The only significant offshore discovery was Chevron's Suakin gas find in 1976. Chevron's exploration in the 1960s and 1970s led to several oil finds in southern Sudan near the towns of Bentiu, Malakal and Muglad.
Chevron abandoned its concessions in Sudan in 1985, due to their location in an area where fighting was taking place between government and rebel forces. Total of France also suspended its onshore exploration activities, but retained the rights to its concessions and has recently taken measures to reclaim them.
Khartoum sub-divided Chevron's concessions into smaller exploration blocks, and Canadian independent oil company Arakis Energy (Arakis) acquired the portion of Chevron's concession north of the town of Bentiu in 1993. Greater Nile Oil Project Arakis began development of Heglig and Unity fields (Blocks 1, 2, and 4) within its concessions, and started production on a small scale (some 2,000 b/d) in 1996. This oil was processed and consumed within Sudan....
|
|
Read the FULL article now -
Try Goliath Business News - FREE!
You can view this article PLUS...
-
Over 5 million business articles
-
Hundreds of the most trusted magazines, newswires, and journals
(see list)
-
Premium business information that is timely and relevant
-
Unlimited Access
|
Now for a Limited Time, try Goliath Business News - Free for 3 Days!
|
|
|
|
|
 |
|

More articles from APS Review Oil Market Trends
SUDAN - After The Peace Agreement., February 27, 2006
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|
|