Re: Kirlawa
Posted: Fri Apr 05, 2024 7:30 pm
KirKu Oil Corporation established, first oil rig well underway.
March 3rd 5460
As part of the reconstruction efforts post war, Kundrati has decided to announce a collaboration in resource extraction with the soon to be reinstated Kirlawan Republic. This comes in the form of KirKu Oil Corporation, an equally owned conglomerate between the two nations that is set to extract oil from the northern White Ocean oil deposits, just outside of Dorvik's Economic Exclusivity Zone. The first oil rig, named "Solidarity", has begun production earlier today, with the rig expected to be finished in 2 to 3 years. The financing for the rig is to be split between the nations, however is going to take up most of the 816 million kuno price and Kirlawa is going to pay them back later once the nation has been fully reconstructed.