Milestones
|
Year |
Activites |
|
2003 |
SouthWest Development formed and entered into agreement with Petronas (Malaysia) |
|
2005 |
SouthWest Energy formed in Hong Kong & signed PSA for Blocks 9 & 13 in Jijiga Basin |
|
2007 |
SouthWest Energy signed Joint Study Agreement for Jimma region SouthWest Energy entered into PSA for Block 9A in Jijiga Basin |
|
2008 |
Acquisition of Baro Gambella Hotel |
|
2009 |
Ambo Mineral Water transaction with SABMiller |
|
2011 |
SouthWest Holdings incorporated in Hong Kong |
|
2012 |
SouthWest Energy signed PSA for Gambella region, bordering South Sudan SouthWest Energy completed 100% of its seismic in Jijiga Basin |
|
2013 |
Finalized land acquisition and engaged international firm to complete feasibility study and concept design for 5-star hotel in the heart of Addis Ababa |
|
2014 |
Formed JV partnership with Chinese-based firm to open Ethiopia’s first local Integrated service provider in the upstream oil industry: Africa Energy Services |
|
2015 |
Incorporating SouthWest Petroleum and Chemical (Guangzhou) Limited to Oil business license in China |