Petoil is proud to have established a strong presence in the regions where we operate. This is due to the Company’s in-depth knowledge of these areas and our teams’ close relationships with national and local governments and key service companies in the region. Petoil utilizes its experience in development and production for technical and operational matters, as well as exploration and reserve identification activities.
Petoil’s overall strategy:
- To continue focusing on the regions in which it operates, gaining in-depth knowledge of their geology and maintaining its network of contacts with local authorities
- To remain a low-cost operator
- To conduct research into new opportunities in the Middle East and North Africa
