PETRONAS Drilling Crew Withdrawing From Ogaden


For those who wanted to make more money in PETRONAS by being posted to places where you have a bulleye stiched onto you shocking red coveralls, the world has become a smaller place.

Dateline 2010-07-10:

The Malaysian oil company, Petroliam Nasional Berhad (PETRONAS), which is prospecting for oil and gas reserves in the Ogaden basin, south eastern part of Ethiopia, is demobilizing its drilling crew, according to Ethiopian Reporter.

There is speculation that the company will pull out from Ethiopia. Previously, Petronas relinquished its concession in the Gambella basin, south-western part of Ethiopia, near the Sudanese border, after drilling two exploration wells that turned out dry. Another exploration well drilled by the company last year in the Ogaden basin in the Genale locality also turned out to be dry.

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