SacOil Talks With ‘Super-Majors’ About Congo Oil Block
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SacOil Holdings Ltd., owner of a concession in the Democratic Republic of Congo, is in talks with “super-major” oil companies to help develop deposits in the Central African nation, Chief Executive Officer Robin Vela said.
“We’re looking for partners that have the technical expertise and that have the operational capacity,” Vela said in an interview at the company’s headquarters in Johannesburg yesterday. “We’ve had a number of proposals on the table and the proposals are from significant players. The partners we’re looking at have experience in the area.”