Addis Ababa — The global oil and gas exploration company, Tullow Oil Plc, is set to start drilling on the concession it has in South Omo Valley, Southern Regional State, beginning January 2013, a senior official at the Ministry of Mines (MoM) disclosed to Fortune.
The company, headquartered in London, has signed an agreement with Ethiopia's Ministry of Mines for exploration of the South Omo Block, through the Canadian based Africa Oil Plc. It acquired a concession right for 50pc over the block in 2010, which was increased to 65pc subsequently. It was White Nile, a UK based company but with a link to South Sudan, which had won the original concession to these bloc from the Ministry, back in the mid-2000s.
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