Acquisitions and Divestitures News in Sudan

Wildcat Provides Update on the Republic of Sudan and South Sudan
4/15/2024 - In September 2023 the Company was notified by the Sudanese Minister of Petroleum & Energy that it was not able to sign a Production Sharing Agreement (PSA) because of the current political situation. ...
Savannah Energy Provides South Sudan Acquisition Update
12/14/2023 - Further to the Company's announcement on 29 September 2023, the Company continues to advance the various workstreams required to complete the acquisition of PETRONAS International Corporation Limited'...
Savannah Energy Provides South Sudan Acquisition Update
7/27/2023 - Further to its announcement on 8 June 2023 the Company continues to advance the various workstreams required to complete the acquisition of PETRONAS International Corporation Limited's energy business...
Zenith Energy Signs MOU with Ministry of Petroleum in the Republic of South Sudan
6/23/2023 - Zenith Energy Ltd. the international energy production and development company, is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with the Ministry of Petroleum in the Re...
Kirk Lovegrove Advises Savannah on $1.25B Acquisition of Petronas South Sudan Oil & Gas Business
12/19/2022 - Kirk Lovegrove & Company has advised Savannah Energy PLC on the acquisition of PETRONAS’s entire oil and gas business in South Sudan for a total cash consideration of up to US$1.25 billion. Completion...
Savannah Energy Announces Proposed Acquisition, Reverse Takeover and Suspension of Trading
12/12/2022 - Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce that it has entered into a Share Purchase Agreement ("...
Turkey's Soma Group to Explore Oil in South Kordofan
4/21/2013 - The Sudanese Ministry of Oil signed a Memorandum of Understanding (MOU) with the Turkish company Soma Group by which it will grant the latter a concession to begin oil exploration and production in bl...
Emperor Oil Extends MOU with State Petroleum
10/11/2012 - Emperor Oil Ltd. announces that it has agreed with State Petroleum Overseas Inc. (State) to amend a Memorandum of Understanding (MOU) signed on September 23, 2012 between Emperor and State. ...
Emperor Oil Signs MOU with State Petroleum for Block 7
9/23/2012 - Emperor Oil Ltd. (Emperor) announces that it has entered into a Memorandum of Understanding (MOU) with State Petroleum Overseas Inc., (State) to acquire 85% of their 50 % working interest in a late st...
South Sudan to Split Total Oil Block
9/13/2012 - Newly independent South Sudan has decided to break up a massive oil concession largely held by Total into three blocks, granting one to the French energy company and the others to two foreign firms, g...
Statesman Signs E&P Sharing Agreement in Sudan
7/11/2012 - Statesman Resources Ltd. announces that on 3 July 2012 it signed an Exploration and Production Sharing Agreement (EPSA) with the Government of the Republic of the Sudan for the award of a seventy five...
Sudan Signs Deals with Oil Companies for 9 Blocks
7/5/2012 - Sudan has signed oil exploration and production-sharing deals with foreign companies on nine blocks, a senior oil official said, sealing investments of $1 billion in Sudan, which is struggling to deal...
Sudan May Offer Equity Stakes to Indian Oil Firms
10/30/2010 - Sudan may offer equity stakes to Indian oil firms in its four exploration blocks, the country's energy minister Lual A Deng said. ...
Petronas Steps up Petroleum Investments in Sudan
8/30/2005 - PETRONAS has further enhanced and strengthened its presence in Sudan by entering into the downstream refining business, reinforcing its commitment to provide a mutually beneficial contribution to the ...

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