Skip to content
Back to Guavy Wire
Commodities

South Sudan Seeks to Revive Oil Sector with Investment Push

Instruments
Oil
Share

South Sudan's oil production is on the rise after years of decline due to conflict and underinvestment. The country holds an estimated 3.5 billion barrels of proven reserves, giving it one of East Africa's most significant hydrocarbon resource bases.

The Undersecretary of Petroleum, Dr. Santino Ayuel Longar, has been driving the sector's revival with a focus on improving recovery from ageing fields, attracting fresh capital, and advancing domestic refining.

Longar credits residual oil recovery studies, accelerated field-development programmes, drilling campaigns, and upgrades to critical infrastructure for helping reverse the decline in production at the Greater Pioneer Operating Company (GPOC).

The GPOC has successfully reached a production level of 60,158 barrels per day on May 29, its highest level since 2005. Longar aims to increase national crude production by up to 50 percent through improved recovery and new investment.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc