Tullow Oil, a British company, which recently launched oil exploration activities in the South Omo valley, hired BGP Geo Services PLC, a Chinese company, to carry out a seismic survey in the concession area.
Tullow Oil started the oil exploration work in the South Omo valley after it bought a 50 percent stake in the South Omo valley from Africa Oil.
Africa Oil, a Vancouver-based company, acquired the South Omo Valley concession from White Nile, a UK-based company in which the South Sudan government has a minority stake. White Nile, which has been prospecting for oil in the South Omo Valley since 2005, passed on the concession to Africa Oil.Last year, Africa Oil sold a 50 percent stake in its interest in the South Omo Valley. Dr.Ketsela Tadesse, mining licensing and administration core process owner with the Ministry of Mines, said that Tullow had recently started magnetic and gravity survey in the South Omo Valley concession in partnership with Africa oil.
Tullow recently struck a huge oil reserve in the Albert basin in Ug
Source: The Reporter
