Madagascar Oil nears contract awards for $300m Tsimiroro project

Operator eyes orders for sweet heavy crude production while targeting hundreds of millions of barrels of light oil potential in exploration campaign

Light-oil plans: the Tsimiroro heavy oil complex lies in west central Madagascar
Light-oil plans: the Tsimiroro heavy oil complex lies in west central MadagascarPhoto: MADAGASCAR OIL
Published 10 March 2022, 12:30Updated 16 March 2022, 16:26