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South Sudan signs unified policy document with oil companies
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South Sudan woos investors to the oil sector, infrastructure
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Nana Madwe December 28, 2020
In the past twelve months, the global oil and gas industry has faced significant disruption from COVID-19 and resultant dual supply and demand shocks. In its annual review, Africa Oil & Power (AOP) highlights the key developments that have not only shaped 2020, but also influenced energy investment and policy on the continent in 2021 and beyond.
January
Africa Oil acquired 50% ownership interest in Petrobras Oil and Gas BV for $519.5 million. The remaining 50% will be retained by BTG Pactual E&P. With a view to extensive deep offshore exploration potential in the country, join AOP at the first-ever Nigeria Oil, Gas & Power 2021 Conference & Exhibition for two days of discussions and deal-making surrounding Nigeria’s upcoming gas monetization initiatives, downstream diversification and marginal fields licensing round.
VP Igga urges fight against corruption, says it affects human development
VP Dr. Ja,es Wani Igga addressing the launch of the Human Development Annual Report 2020 in Juba on 16 Dec. 2020. [Photo: UNDP]
The Vice President for Economic cluster Dr. James Wani Igga has called for the strengthening of anti-corruption institutions in the fight against what he calls, the financial pandemic, corruption in South Sudan.
Speaking during the launch of the Human Development Annual Report 2020 in Juba on Wednesday, Wani Igga appealed for an end to corruption in public institutions as they discussed urgent linkages between corruption, environmental protection, and increasing human development in South Sudan.