Sudapet
Encyclopedia
The Sudan National Petroleum Corporation, also known as Sudapet, is a state-owned oil company based in Sudan
. It was founded in 1997 and is 100% owned by the Ministry for Energy and Mining.
As of 2006 Sudapet is not active in oil exploitation, but rather serves to manage revenues the Sudanese government receives from its concessions to foreign operators. At the same time there have been efforts within the government and among the company's principles to develop the resources and know-how to transform Sudapet into a fully self-sufficient enterprise in the oil exploitation space.
imposed sanctions against Sudan on the basis that profits from oil were being used to fuel the civil war. In February 2000, the US government extended its sanctions to include Sudapet and the Greater Nile Petroleum Operating Company
(GNPOC). This was a contentious move in that Canadian international Talisman Energy
is a 25% shareholder in GNPOC.
Acronyms:
CNPCIS:renamed to 'Petro Energy E & P'
GNPOC:Greater Nile Petroleum Operating Company
PDOC:Petrodar Operating Company
WNPOC:White Nile Petroleum Operating Company
Sudapak:Sudapak Industrial Corporation
APCO:Advanced Petroleum Company
Sudan
Sudan , officially the Republic of the Sudan , is a country in North Africa, sometimes considered part of the Middle East politically. It is bordered by Egypt to the north, the Red Sea to the northeast, Eritrea and Ethiopia to the east, South Sudan to the south, the Central African Republic to the...
. It was founded in 1997 and is 100% owned by the Ministry for Energy and Mining.
As of 2006 Sudapet is not active in oil exploitation, but rather serves to manage revenues the Sudanese government receives from its concessions to foreign operators. At the same time there have been efforts within the government and among the company's principles to develop the resources and know-how to transform Sudapet into a fully self-sufficient enterprise in the oil exploitation space.
History
In November 1997, the United StatesUnited States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
imposed sanctions against Sudan on the basis that profits from oil were being used to fuel the civil war. In February 2000, the US government extended its sanctions to include Sudapet and the Greater Nile Petroleum Operating Company
Greater Nile Petroleum Operating Company
The Greater Nile Petroleum Operating Company is a petroleum exploration and production company operating in Sudan. It was incorporated on 18 June 1997 and undertook construction of the Greater Nile Oil Pipeline which links Sudan's inland oil fields with refineries at Khartoum and Port Sudan.The...
(GNPOC). This was a contentious move in that Canadian international Talisman Energy
Talisman Energy
Talisman Energy Inc. is one of Canada's largest petroleum SB companies. Based in Calgary, Alberta, Talisman Energy has operations around the globe including: Canada and the United States of America in North America; Colombia and Peru in South America; Algeria in North Africa; United Kingdom,...
is a 25% shareholder in GNPOC.
Projects
The company is a minority stakeholder in all of its exploitation and development projects. Its activities break down as follows:| Year started | partner Joint venture A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets... |
project | Block | Activity |
|---|---|---|---|---|
| 1995 | CNPCIS | 5% | 6 | New contract 2003, construction of a pipeline from Al-Fulah to Khartoum Khartoum Khartoum is the capital and largest city of Sudan and of Khartoum State. It is located at the confluence of the White Nile flowing north from Lake Victoria, and the Blue Nile flowing west from Ethiopia. The location where the two Niles meet is known as "al-Mogran"... with a capacity of 200000 oilbbl/d, in production since 2004 |
| 1996 | GNPOC Greater Nile Petroleum Operating Company The Greater Nile Petroleum Operating Company is a petroleum exploration and production company operating in Sudan. It was incorporated on 18 June 1997 and undertook construction of the Greater Nile Oil Pipeline which links Sudan's inland oil fields with refineries at Khartoum and Port Sudan.The... |
5% | 1,2,4 | building of a pipeline from Heglig Heglig Heglig is a small town in West Kurdufan state in central Sudan, near the border with Southern Sudan. The area was contested during the Sudanese Civil War... to Port Sudan Port Sudan Port Sudan is the capital of Red Sea State, Sudan; it has 489,725 residents . Located on the Red Sea, it is the Republic of Sudan's main port city.-History:... , exploration, producing 50000 oilbbl/d since 1999, 290,000 per day since July 2004, planned production of 500,000 per day by 2006 (delayed due to technical difficulties) |
| 1996/1997 | WNPOC | 7% | 5A | exploration since 1999 |
| 2000 | PDOC | 8% | 3,7 | |
| 2001 | WNPOC | 11% | 5B | exploration since 2006 |
| 2003 | WNPOC | 15% | 8 | seismic exploration as of July, 2004 |
| 2003 | Sudapak Sudapak Sudapak Operating Company is a petroleum company operating in Sudan. It is affiliated with Zaver Petroleum of Pakistan and is currently active in oil and gas exploration, in association with Sudapet, the national oil company of Sudan. Sudapak is based in Khartoum.-External links:* also available... |
15% | 9 | exploration 2004 |
| 2003 | APCO | 17% | C | seismic exploration since 2004 |
Acronyms:
CNPCIS:renamed to 'Petro Energy E & P'
GNPOC:Greater Nile Petroleum Operating Company
PDOC:Petrodar Operating Company
WNPOC:White Nile Petroleum Operating Company
Sudapak:Sudapak Industrial Corporation
APCO:Advanced Petroleum Company
See also
- Nilepet
- Sudan Khartoum Refinery CompanySudan Khartoum Refinery CompanyThe Sudan Khartoum Refinery Company is a petroleum company in Sudan. The company its name is abbreviated to KRC. The company was founded in 1997 and began operations in 2000...
- Sudanese Petroleum Pipelines Holding Company