South Sudan: South Sudan Looks to Lure Major Players with First Oil Licensing Round

Jun 23, 2021 | Eoin O'Cinneide, Upstream
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South Sudan has launched its first ever licensing round as the landlocked African nation seeks to get its staple oil sector back on track after years of insecurity following its split from Sudan in 2011. The Juba administration is hoping to lure “a diverse group of foreign investors” and to welcome back “experienced partners and operators” after putting five blocks up for bidding in its maiden acreage exercise.