PETALING JAYA: A unit of Malaysian oil and gas giant Petroliam Nasional Bhd (PETRONAS) has sued South Sudan for allegedly blocking a sale of its assets for US$1.25bil and instead taking over that ...

In August 2024, Petronas Carigali announced that it would cease operations in South Sudan after selling assets for two years as part of a long-term investment strategy amid a changing industry ...

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) has announced it is withdrawing from its operations in South Sudan. According to its website, the national oil company has been operating in South ...

Other stakeholders include Malaysian giant Petronas (40 per cent) and South Sudan's state-owned Nile Petroleum Corp. "In 2025, we expect that oil flows through the Petrodar pipeline will gradually ...

The Agreement focuses on evaluating the petroleum assets in South Sudan previously held by PETRONAS (the "Agreement"). Leveraging the expertise and contacts of both parties in the South Sudanese ...

This is reported in the Wildcat press release. The agreement is aimed at evaluating the oil assets in South Sudan previously owned by the Malaysian oil and gas company PETRONAS, as well as using the ...