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.

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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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Saturday 13 October 2018

Tangiers Petroleum commences drilling at TAO-1 well

The TAO-1 well is located within a proven petroleum system, adjacent to the Cap Juby heavy oil discovery and has been designed to test up to three stacked objectives, Assaka (Upper Jurassic), Trident (Middle Jurassic) and TMA (Lower Jurassic, contingent upon success at Trident/Assaka).
 
The secondary objective, Assaka, and the main objective at Trident are scheduled to be intersected within approximately 2 months. Contingent upon the results at Assaka and Trident, the Joint Venture will then make a decision to deepen to the TMA objective. The well plan does not include flow testing.
 
The company expects to make additional updates as appropriate during the course of the drilling.
 
Tangiers has a 25% participating interest in the Tarfaya Offshore Block, which is being operated by Galp Energia with a 50% interest. The remaining 25% interest is held by ONHYM (Morocco’s National Office of Hydrocarbons and Mines), which is carried through the exploration phase.


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