Wildcat’s plans to raise production “will require significant investment”
Wildcat aims for brownfield expansion in Sudan
London-listed independent intends to raise oil production in the country
Independent explorer Wildcat has signed a memorandum of understanding (MoU) with Sudan’s Ministry of Oil and Gas to increase output by 100,000bl/d through the development of blocks 1, 3, 4 and 5 near the border with South Sudan. The four blocks are already in production and hold more than 1bn bl in reserves. They are also connected to existing pipeline infrastructure with “spare capacity to handle and transport significantly increased oil production from these blocks”, the company says. The MoU initially runs to the end of the year but can be extended. "It is the company's intention in 2023 to be up and running across multiple fields, across multiple blocks and funded via multiple third part
Also in this section
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
