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South Sudan Nile Petroleum takes control of former PETRONAS oil and gas assets


South Sudan Nile Petroleum takes control of former PETRONAS oil and gas assets

(Bloomberg) — South Sudan’s state-owned Nile Petroleum Corp. has taken over oil fields and assets that belonged to a subsidiary of Malaysian oil company Petroliam Nasional Berhad (PETRONAS). The changes come less than two weeks after the Malaysian conglomerate announced it would leave South Sudan after 14 years. UK-based oil and gas company […]

South Sudan Nile Petroleum takes control of former PETRONAS oil and gas assets


South Sudan Nile Petroleum takes control of former PETRONAS oil and gas assets

(Bloomberg) — South Sudan’s state-owned Nile Petroleum Corp. has taken over oil fields and assets that belonged to a subsidiary of Malaysian oil company Petroliam Nasional Berhad (PETRONAS). The changes come less than two weeks after the Malaysian conglomerate announced it would leave South Sudan after 14 years. UK-based oil and gas company […]