Companies Issued with Drilling Licenses

Companies that have issued with drilling licenses include; Heritage oil and gas limited of United Kingdom and Tullow oil Energy Africa of South Africa. These companies have drilled 77 oil wells to-date with 70 encountering oil and gas..

Total E&P and CNOOC
Tullow Oil has been successful in the exploration aspect and has already sold part of its interests to Total E&P and CNOOC each taking up 33.3%.

Tullow, Total E&P and CNOOC are expected to build their own infrastructure that will route the crude oil to one central point where the refinery   and other  buyers will collect it from. The three parties  will be paid on basis of crude oil which will be taken out of the central collection centre by the  refinery and other buyers.

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Companies Issued with Drilling Licenses

Companies that have issued with drilling licenses include; Heritage oil and gas limited of United Kingdom and Tullow oil Energy Africa of South Africa. These companies have drilled 77 oil wells to-date with 70 encountering oil and gas..

Total E&P and CNOOC
Tullow Oil has been successful in the exploration aspect and has already sold part of its interests to Total E&P and CNOOC each taking up 33.3%.

Tullow, Total E&P and CNOOC are expected to build their own infrastructure that will route the crude oil to one central point where the refinery   and other  buyers will collect it from. The three parties  will be paid on basis of crude oil which will be taken out of the central collection centre by the  refinery and other buyers.

About The Author

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