The South currently favours Moldovan explorer Ascom against Malaysian heavyweight Petronas on Block 5b and AIM-listed White Nile on Block B, which French giant Total also claims.
Upstream has confirmed that an attempt to broker a deal forcing White Nile into a consortium with Total and the two state oil companies Sudapet and NilePet has been negotiated.
White Nile was said to be “very confident” it will hold under the terms of what one senior executive claimed was a new detente reached by the northern and southern factions of the National Congress Party.
The
