Giftelyon Multi-Sevices Int'l Ltd


Crude Oil Tanker Giftelyon Multi Sevices Int'l Ltd is a leader in the of Nigerian Bonny Light Crude Oil (BLCO) sales market. As a privately held company, Giftelyon Multi-Sevices Int'l Limited is committed to and is focused on delivering reliable services to all her clients. Giftelyon Multi-Sevices Int'l Ltd is determined to continue to grow in the energy sector and to become one of the recognized leaders in the Nigerian oil and gas industry.

Simplifying Nigerian Bonny Light Crude Oil Buying, BLCO

Crude Oil StorageGiftelyon Multi Sevices International Ltd has an excellent track record of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.

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Tuesday 28 June 2016

Eni buys 40% stake in Sasol field off South Africa

Eni has concluded an agreement with Sasol Petroleum International to acquire a 40% interest and operatorship in the Exploration Right permit 236 (ER236) in South Africa.


The permit grants the right to explore for hydrocarbons on a wide offshore unexplored area of 82,000 sq km on South Africa’s east coast (Durban and Zululand basins), Kwazulu-Natal province.


The permit was granted to Sasol by the South African regulator Petroleum Agency of South Africa (PASA) in late 2013.


Exploration


The agreement, which is subject to Government approval, reinforces Eni’s position on the East Africa coast, where Eni is already present with exploration activities in Mozambique and in Kenya.


The farm-in agreement forms part of a wider cooperation between Sasol and Eni in Southern Africa and other areas, mainly focused on maximizing opportunities in the gas value chain.


Providing useful resources, articles and writings on crude oil, other petroleum products, energy and gas. By Giftelyon Multi-Sevices Int'l Ltd and services, UK, online.

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