Sudapet

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Sudapet

Company type	Government-owned
Founded	1997
Founder	Government of Sudan
Headquarters	15°33′39″N 32°33′6″E / 15.56083°N 32.55167°E / 15.56083; 32.55167, Khartoum , Sudan
Key people	Awad Alkarim (Director General)
Website	sudapet.sd

The 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 (later the Ministry of Petroleum and Gas).

As a NOC, Sudapet has equities varying from 5% to 70% in the licensed petroleum concessions in Sudan with other foreign shareholders, in addition to a large range of petroleum associated services subsidiaries.

From 2006 to 2015, Sudapet is not active in oil exploitation, but rather serves to manage revenues the Sudanese government receives from its concessions to foreign operators. At the same time there have been efforts within the government and among the company's principles to develop the resources and know-how to transform Sudapet into a fully self-sufficient enterprise in the oil exploitation space.^[1]