South Sudan : The secret story of the fake sheikh behind a €12bn
4 天之前· A preliminary oil contract signed by South Sudan with an obscure company based in the United Arab Emirates raises concerns about potential fraud. Behind this entity lies a man suspected to be - 6/18/2024
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PetroSouth® is an innovative company that provides Oilfield Solutions to the Oil & Gas industry such as drilling, electrical engineering, storage, waste management among the few in South Sudan and Uganda with strong ambitions to expand across the African continent.
Sudan cancels Red Sea port deal with UAE in subtle protest at
SUDAN UNITED ARAB EMIRATES TRADE. RELATED COMPANIES. South Sudanese government Sudanese military. PHOTO. Sudan has cancelled a port deal with the United Arab Emirates (UAE) in an apparent protest against Abu Dhabi''s alleged support for the Rapid Support Forces (RSF), the paramilitary group engaged in a deadly conflict with
UN experts say South Sudan is close to securing a USD 13 billion
UAE Company: Soon after independence, South Sudan fought its own civil war from 2013 to 2018, when rivals President Salva Kiir and Vice President Riek Machar signed a power-sharing agreement and formed a coalition government. South Sudan is under pressure from the United States and other nations to more quickly implement the 2018 peace deal that
List of Companies in South Sudan
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Developing Oil Industry Set to Ignite South Sudan''s Economy
Organized by Energy Capital&Power, SSOP 2024 positions South Sudan at the center of investments and partnerships in the East African energy landscape. Taking place in Juba on June 25-28, 2024, the conference and exhibition invites investors to explore and engage with opportunities across the hydrocarbons, renewable energy and power sectors.
Energy Capital & Power / Press release | South Sudan Oil
Private sector, investors, regional leadership, high profile national delegations, national oil companies (including the NOC of South Sudan, Nilepet), and South Sudanese government ministries (petroleum, finance, energy and dams, mining and more) will meet on 25-28 June 2024 in Juba.
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Savannah Energy PLC South Sudan Acquisition Update
("Savannah" or "the Company") South Sudan Acquisition Update . Further to its announcement on 30 September 2024, the Company advises that its ordinary shares remain suspended For further information, please refer to the Company''s website or contact: Savannah Energy +44 (0) 20 3817 9844 . Andrew Knott, CEO
South Sudan''s Petroleum Minister Joins African Energy Week
South Sudan''s energy sector is undergoing a transformative phase, marked by strategic agreements focused on developing export routes, boosting refining capacity and expanding midstream infrastructure. South Sudan''s national oil company Nile Petroleum Corporation signed a Memorandum of Understanding (MoU) with Chinese firm Shengli
List of Companies in South Sudan
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Women to Lead Next Generation of South Sudanese Energy
A vital part of South Sudan''s economy, women in energy has become an integrated feature of the 2024 program. Energy Capital&Power''s Women in Energy series celebrates the women shaping the future of the African energy sector. From projects to companies to programs and community development, the Women in Energy series
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indigenous company in South Sudan • Implementation of SAP Enterprise Resource Planning (ERP) system underway • We lead efforts to diversify South Sudan''s energy mix and promote renewable energy streams. STRATEGIC FOCUS 2021-2023. •We currently have presence in South Sudan, Kenya, Dubai and recently DRC. •As a key proponent of
How the UAE kept the Sudan war raging | African Arguments
The company did not respond to questions from MEE by the time of publication. News of the landing spread to el-Obeid, or in which the man himself heralds the successful air transport of 18 rhinos from South Africa to Congo. Sudan''s army hits out at UAE. Back in action: After months out of the limelight, Sudan Armed Forces chief, Gen
South Sudan Oil & Power 2024 Summit Launches in Vienna:
The 7 th edition of South Sudan Oil and Power plays a central role in the country''s national effort to build international partnerships, attract investment and technology and improve the performance of the energy sector and economy. Contact our sales team at [email protected] to see how you can promote your organization as a
Savannah walks away from $1.25-billion South Sudan deal
JUBA, August 8, 2024 – Savannah Energy has terminated its planned USD 1.25-billion acquisition of Petronas''s South Sudan operations, the UK company announced on Thursday. In December 2022, the company said it had entered into a sale and purchase agreement with the Malaysian player to acquire its entire oil and gas business in South Sudan.
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We are deeply rooted in Africa and are a home-grown Pan-African group having our own subsidiaries at Kenya, South Sudan, DRC, Uganda, Tanzania and continuing to expand. Pacific Petroleum Ltd – Kenya; Amani Transporters & Logistics Ltd – Kenya; Mazal Gas (K) Ltd – Kenya; Mazal Energy Ltd – Tanzania; Pacific Petroleum DRC SARL – DRC
UAE Power Companies
Expanding its solar leasing services and exploring new opportunities in the commercial and industrial sectors in the UAE. Al Jaber Energy Services LLC: A major UAE-based construction and services company with a focus on energy projects. Involved in construction and maintenance of power plants and energy infrastructure projects across the UAE.
UAE officially recognises South Sudan
ABU DHABI // The UAE has officially recognised South Sudan as an independent state, according to a statement issued by the Ministry of Foreign Affairs. The ministry said yesterday it hoped the declaration of South Sudan''s independence would "open a new page in achieving security and stability to serve the interests of the region''s people".
South Sudan on the brink after oil exports derailed by
"There have been long-standing talks between South Sudan and the UAE [United Arab Emirates] for a big loan, but obviously circumstances have changed given the pipeline picture," said Boswell.
NILEPET holds talks with Abu Dhabi National Oil
South Sudan''s national oil company, NILEPET, and the Abu Dhabi National Oil Company (ADNOC) met in Abu Dhabi today, putting capacity building and partnerships at the top of the agenda. NILEPET was in the UAE
South Sudan oil exports halted after pipeline rupture
JUBA, March 20, 2024 – South Sudan''s 150,000 bopd of oil exports have been halted following damage to one of Sudan''s key pipelines, international media reported on Wednesday. The location of the damaged pipeline section in a war zone is preventing engineers from addressing the damage, Bloomberg reported.
FEI, Finnfund and CREI sign US$ 20 million facilities to finance its
June 28, 2024 – FEI and CREI signed a USD 15 million bridge facility to finance renewable energy assets in South Sudan. This financing will enable CREI to provide "energy as a service" to a telecom stakeholder in South Sudan by developing, building, operating, and maintaining energy assets. The Finnish development financier and impact investor, Finnfund, signed a USD 5
A Dubai Firm Pledged $13 Billion for 20 Years of South Sudan Oil
The loan from an obscure UAE company may tie up most of South Sudan''s oil revenues for many years, UN investigators say. A little-known company run by a distant relative of the Abu Dhabi royal family agreed to lend 12 billion euros ($12.9 billion) to South Sudan in exchange for repayment in oil, making it one of the largest ever oil-for-cash deals and the latest such
UAE Dominates GCC Investments in Africa
The United Arab Emirates (UAE) is the fourth largest investor in Africa over the last decade, following China, the European Union (EU), and the United States (US). UAE investments in Africa are primarily directed towards
Our Company – Sunmaker Energy
The company is home to 240 employees, over 50% of whom hold a master''s degree or above. South Sudan, Niger, and Tanzania, co-built regional training centers in the UAE, Egypt, Europe and South Africa, and established branches in Kenya, Ethiopia, Mozambique, Saudi Arabia, Iraq, Kazakhstan, and Turkmenistan.
UAE Dominates GCC Investments in Africa
The United Arab Emirates (UAE) is the fourth largest investor in Africa over the last decade, following China, the European Union (EU), and the United States (US). UAE investments in Africa are primarily directed towards the high-growth sectors of infrastructure, energy, transport, and logistics and has likely crossed US$60 billion in the
Peacekeeping and Renewable Energy in South Sudan
Peacekeeping and Renewable Energy in South Sudan Virtual Event, Tuesday 11 April, 2023 11:00am to 12:15 pm NY time / 18:00 to 19:15 EAT / 19:00 to 20:15 UAE time South Sudan has been locked in a cycle of conflict since shortly after gaining independence in 2011. The country''s energy sector is directly connected to the dynamics of the conflict
6 FAQs about [Uae energy companies South Sudan]
Could South Sudan get a $13 billion loan from United Arab Emirates?
UNITED NATIONS (AP) — U.N. experts say South Sudan is close to securing a $13 billion loan from a company in the United Arab Emirates, despite the oil-rich country’s difficulties in managing debts backed by its oil reserves.
Are South Sudan's oil wells fully operational?
He also said oil wells, which were water-logged by heavy floods during the past rainy season, weren’t yet fully operational. The section on oil in the experts report said documents for the loan from the UAE company, signed between December and February by South Sudan’s minister of finance, indicate the loan is split into tranches.
Will Hamad bin Khalifa be South Sudan's largest oil-backed loan?
The panel of experts said in a report to the U.N. Security Council that loan documents it has seen indicate the deal with the company, Hamad Bin Khalifa Department of Projects, would be South Sudan’s largest-ever oil-backed loan.
What is South Sudan's infrastructure loan agreement?
The loan agreement, signed between December and February by South Sudan’s finance minister, earmarks about 70 percent of the funds for infrastructure projects, with an initial payment exceeding USD 5 billion. After a three-year grace period, the loan will be repaid through crude oil deliveries for up to 17 years.
How much fuel does South Sudan produce a day?
South Sudan is under pressure from the United States and other nations to more quickly implement the 2018 peace deal that ended the civil war and prepare for elections. According to the U.S. Energy Information Administration’s latest update, South Sudan produced an average of about 149,000 barrels of liquid fuels per day in 2023.
Will South Sudan's largest oil-backed loan monopolize its revenue?
This deal, outlined in loan documents reviewed by the experts, would be South Sudan's largest-ever oil-backed loan. Servicing the loan could monopolize South Sudan's revenue for many years, dependent on oil prices.