Greater Nile Petroleum Operating Company
Encyclopedia
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.
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.
Petroleum
Petroleum or crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. Petroleum is recovered mostly through oil drilling...
exploration and production company operating in Sudan
Sudan
Sudan , officially the Republic of the Sudan , is a country in North Africa, sometimes considered part of the Middle East politically. It is bordered by Egypt to the north, the Red Sea to the northeast, Eritrea and Ethiopia to the east, South Sudan to the south, the Central African Republic to the...
. It was incorporated on 18 June 1997 and undertook construction of the Greater Nile Oil Pipeline
Greater Nile Oil Pipeline
The Greater Nile Oil Pipeline is an important oil export pipeline in Sudan. It extends for approximately of which approximately 1.8 kilometres is submarine. It was constructed by the Greater Nile Petroleum Operating Company and commenced operation in 1999...
which links Sudan's inland oil fields with refineries at Khartoum
Khartoum
Khartoum is the capital and largest city of Sudan and of Khartoum State. It is located at the confluence of the White Nile flowing north from Lake Victoria, and the Blue Nile flowing west from Ethiopia. The location where the two Niles meet is known as "al-Mogran"...
and Port Sudan
Port Sudan
Port Sudan is the capital of Red Sea State, Sudan; it has 489,725 residents . Located on the Red Sea, it is the Republic of Sudan's main port city.-History:...
.
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.
Stakeholders
GNPOC is a joint operating company owned by:- China National Petroleum CorporationChina National Petroleum CorporationChina National Petroleum Corporation is a state-owned fuel-producing corporation and the largest integrated oil and gas company in the People's Republic of China...
: 40% - Petronas Carigali OverseasPetronasPETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and...
of Malaysia: 30% - ONGC Videsh (the overseas arm of ONGCOil and Natural Gas CorporationThe Oil and Natural Gas Corporation Limited is an Indian state-owned oil and gas company headquartered in New Delhi, India. It is one of the largest Asia-based oil and gas exploration and production companies, and produces around 77% of India's total crude oil production and around 81% of...
) of IndiaIndiaIndia , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
: 25% - SudapetSudapetThe Sudan National Petroleum Corporation, also known as Sudapet, is a state-owned oil company based in Sudan. It was founded in 1997 and is 100% owned by the Ministry for Energy and Mining....
of Sudan: 5%
Both Gulf Petroleum and Al Thani Corporation formerly owned a 5% share each. Canadian company Talisman Energy
Talisman Energy
Talisman Energy Inc. is one of Canada's largest petroleum SB companies. Based in Calgary, Alberta, Talisman Energy has operations around the globe including: Canada and the United States of America in North America; Colombia and Peru in South America; Algeria in North Africa; United Kingdom,...
(previously known as Arakis) was an original stakeholder. Its share was sold to ONGC Videsh in 2003.