Greater Nile Petroleum Operating Company Explained

Greater Nile Petroleum Operating Company
Type:Joint venture
Hq Location:15.605°N 32.5014°W
Location City:Khartoum
Location Country:Sudan
Key People:Zhang Pinxian (President)
Fadul (VP)
Industry:Oil and gas industry
Products:Petroleum

The Greater Nile Petroleum Operating Company (GNPOC) is a petroleum exploration and production company operating in Sudan. It was incorporated on 18 June 1997 and undertook construction of the Greater Nile Oil Pipeline which links Sudan's inland oil fields with refineries at Khartoum and Port Sudan.

The GNPOC concession in the Western Upper Nile area includes the large Unity and Heglig oil fields plus smaller fields at El Toor, El Noor, Toma South, Bamboo, Munga and Diffra.[1]

Headquarters

GNPOC Headquarters building is known the Greater Nile Petroleum Oil Company Tower or GNPOC Tower. The building is a high-rise building in Khartoum, Sudan. Construction of the 65.72m (215.62feet),[2] 18-storey building was finished in 2010 and was designed by KEO International Consultants.[3] The 14000m2 building housed the headquarters of the Greater Nile Petroleum Operating Company and it was designed by KEO International Consultants.[4]

On 17 September 2023, the building suffered heavy fire damage amid the 2023 Sudan war during clashes between the Sudanese Armed Forces and Rapid Support Forces.[5]

Stakeholders

GNPOC is a joint operating company owned by:

Both Gulf Petroleum and Al Thani Corporation formerly owned a 5% share each. Canadian company Talisman Energy (previously known as Arakis) was an original stakeholder. Its share was sold to ONGC Videsh in 2003.[6] [7]

The U.S. government imposed economic sanctions against Sudan in 1997, due to the Sudanese government's alleged sponsorship of international terrorism and poor human rights record. The sanctions prohibited trade between the United States and Sudan, as well as investment by U.S. businesses in Sudan. In February 2000, the U.S. government extended its sanctions to include Sudapet and GNPOC.[8] These sanctions were lifted after the Sudanese revolution of 2018/19 and ensuing negotiations between the two governments at the end of 2020.[9]

See also

External links

Notes and References

  1. GNPOC no date, 'Project overview', www.gnpoc.com. Retrieved on 6 March 2008.
  2. Web site: GNPOC Headquarters, Khartoum - Emporis.com . dead . https://web.archive.org/web/20140523225926/http://www.emporis.com/building/gnpocheadquarters-khartoum-sudan . May 23, 2014 . 2014-05-23 . Emporis.
  3. Web site: GNPOC Tower, Khartoum - SkyscraperPage.com . 2014-05-23 . skyscraperpage.com.
  4. Web site: KEO International Consultants | Projects . dead . https://web.archive.org/web/20101021013322/http://www.keoic.com/projects/office/gnpoc/overview.html . 2010-10-21 . 2014-05-23 . keoic.com.
  5. News: Sudan conflict: Landmark skyscraper in Khartoum engulfed in flames . 17 September 2023 . 2023-09-17 . bbc.com.
  6. Anon 2005, 'Focus on diplomacy and Sudan', APS Diplomat News Service, 15 August. Retrieved on 6 March 2008.
  7. APS Review Downstream Trends 2007, 'SUDAN: The oil sector', www.entrepreneur.com, 29 October. Retrieved on 5 March 2008.
  8. News: Oil and Gas in Sudan - Overview. MBendi.com. 2017-09-03. en. https://web.archive.org/web/20170110115058/https://www.mbendi.com/indy/oilg/af/su/p0005.htm#10. 2017-01-10. dead.
  9. Web site: US Government Removes Sudan from State Sponsor of Terrorism list – Sanctions & Export Controls Update. 2021-05-19. sanctionsnews.bakermckenzie.com. 18 December 2020 .