Here are some awesome facts that will justify Tullow as a major oil company in Africa
The fearless UK explorer, Tullow has produced the credible reputation of unearthing hydrocarbon riches far and wide in improbable areas and has also carried its business all the way to our beautiful continent, Africa. Tullow can now label itself as a major oil company in Africa.
Here are some awesome facts that will justify Tullow as a major oil company in Africa
In 2012 Tullow lead Kenya to its first major oil jackpot. The oil producing firm has taken a serious approach in expanding operations across the East African region. Justifying Tullow as a major oil company in Africa is evident when we take into account the exploration success the company has experienced in several African countries such as Ghana, French Guiana, Uganda and Kenya. A new office in Mauritania for the preparation of its four-well exploration program and increased oil exploration activity in the country make it clear why the company is tagged as a major oil company in Africa. 2013 was the year for the oil company in Africa; new target such as Kenya, Ethiopia, Norway, Mauritania, Mozambique, Côte d’Ivoire and French Guiana were added to the company’s agenda.
Tullow proving itself as a major oil company in Africa
Mauritania has large potential to dominate the African Oil Industry, and Tullow believes that they are the peer-leading explorers that can locate the reservoirs.
Due to a proved total petroleum system, a proven source rock, relatively extensive sedimentary input and also the creation of traps from mobile salt structures Tullow believes that Mauritania basin holds significant potential. The basin has proven commercial hydrocarbon potential as we embrace the recent exploration results.
Mauritania’s economy depends heavily on commodities and natural resources and the results of the offshore exploration would have a huge impact on the country’s prospects. Resource development will be crucial to Mauritania’s fortunes going forward.