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The Ministry of Petroleum, South Sudan (MoP), has identified new exploration blocks with potential hydrocarbons and has compiled crucial data to provide to interested investors, operators, and counterparties.
The available blocks range between 4,000 and 25,000km2, with most comprising between 15,000 and 20,000 km2.
According to a new analysis commissioned by the Ministry, approximately 90% of South Sudan’s oil and gas reserves remain unexplored, providing unprecedented opportunities to international investors.
The ministry said the Licensing Round aims to attract interest from diverse group of foreign investors to a region that is already home to oil and gas majors from China and Malaysia.
The country is hoping to welcome back experienced partners and operators following significant progress in returning to peace and stability.