Hmmm.....From the info i've got, Addax Petroleum Company worldwide was acquired by the a Chinese National Oil Company, Sinopec. The deal was done about 3weeks ago and it was even followed by some demonstration at the Addax office in VI by the nigerian staff cos u know how Chinese guys treat Nigerians. Well, the company is surely big and they are China's biggest oil refining company hence, there's possibility of the company setting up a refining company here in Nigeria as well as expanding their growth. China is one of the biggest consumer of Oil in the world....i guess 2nd after the USA so they'll increase production so they'll have enough to send to their country, China.
So if we add 1 + 1, we can foresee that the guys will employ bigtime to meet up with their target. So its win win situation but i have my reservations as per salaries and bonuses unlike the british and american companies like shell, mobil and chevron.
It is well ......even in the well.....