- Company Name : Ecowide Oil & Gas International
- About Us : Workability of the Agreement:Every Oil Ecowide Oil & Gas Internationalll in Nigeria is owned and managed by the Federal Government in collaboration with her joint venture partners, SHELL, EXXO MOBIL,TEXACO OVERSEAS,TOTAL,AGIP,CHEVRON ETC on a 60/40 sharing arrangement of profit sharing between the Government and the technical partners. Going by the new directive from the Federal Government which is a direct fallout from the increased agitation from the host communities for resource control, the federal Government of Nigeria decided to cede 40% equity holding right of ownership to oil bearing and host communities. It is for this reason that the community mandated me to seek for a genuine, reliable and willing investor who will come and partner with them on the 40% equity holding. The partnership can be in form of outright sale of the wells, lease or management of the wells.The 2 wells in question has a combined production capacity of 200,000 barrels of bonny light crude oil per day. In figurative representation, the wells will produce a total of 6 million barrels per month and 40% of this production is owned by the investor.
- Product/Service : BLCO, JP54, D2, Jet Fuel
- Country/Region : Nigeria >
- Category : Energy > Petrochemical Products
- Contact Person : Mr. Olawale Ekueme
- Link More : Nigeria Energy ,Nigeria Petrochemical Products
- Telephone :
- Fax :
- Address : 28, Ademola Street
- Zip Code : 23401
- Business Type : Other
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