GNPOCGreater Nile Petroleum Operating Company (Sudan)
GNPOCGreat Nile Petroleum and Oil Corporation (Sudan)
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One Sudanese manager in GNPOC compared CNPC with Petronas and ONGC.
ONGC joined the club of foreign energy firms in the Sudan after acquiring Talisman's interest in GNPOC on auspicious terms and purchasing OMV's interest in 2003.
Prior to TGNBV's acquisition of an interest in the EPSA, GNPOC
As a result, by far the biggest oil producer in Sudan, the Greater Nile Petroleum Operating Company (GNPOC), is now almost entirely owned by Asian interests.
The Greater Nile Petroleum Operating Company (GNPOC), the Sudanese oil project in which CNPC owns a stake, began exports in August 1999, and CNPC's equity oil from the project is around 150,000 bbl/d.
(GNPOC) is owned 40% by CNPC, 30% by Petronas Carigali Overseas of Malaysia, 25% by ONGC Videsh of India which bought this stake from Talisman Energy of Canada in March 2003 for $771m, 5% by Sudapet, 5% by Gulf Petroleum, and 5% by Al-Thani Corp.
With 40% equity, CNPC is the biggest stakeholder in the Greater Nile Petroleum Operating Company (GNPOC), which accounts for most production in the country.
(GNPOC), an international consortium now producing oil in Sudan.
ABB, a leading power and automation technology group, has announced the award of a major process automation system expansion for the Greater Nile Petroleum Operating Company (GNPOC) at its central production fields at HEGLIG in Sudan.