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Tullow Oil is a great example of this. They take over oil fields after the big oil giants want to abandon the well and usually manage to squeeze more out of th
by patrickk 16y ago
Tullow Oil is a great example of this.
They take over oil fields after the big oil giants want to abandon the well and usually manage to squeeze more out of the well in a more efficient and environmentally-friendly manner. Their profits are generated primarily in Africa, and they also work better with local officials than the big players do.
http://www.businessweek.com/magazine/content/05_13/b3926075_mz054.htm http://www.businessweek.com/magazine/content/05_13/b3926075_...
Maybe BP should contact them and hand over the Gulf mess to them :)