Middle East Economic Survey


No 52



IOCs To Take Part In Dispute Talks Ahead Of Sudanese Bid Round

Sudan is set to invite bids from international oil companies (IOCs) early next year for exploration licenses for six new blocks as the country looks to partially offset the loss of around 75% of its oil output when South Sudan claimed its independence in July. In the meantime, both sides have agreed in principle to have representatives from IOCs participate in the next...