Egelion

[Louis]

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Seven years since the announcement from Petroenglia over the Rossfadda, officials from Petróleón have announced that operations of extracting, refining, and exporting oil from the Rossfadda Formation has been an overwhelming success. The Egelian plan to invest in New Englia's oil production is rooted in academics, engineering and sustainable acquisition over time. Upon the announcement that Petróleón won one of the three bids, work immediately began in New Englia to ensure that the population of the country could responsibly and logistically create an extraction system that would directly bring investment and growth. While there have been no direct announcements over the progress of the Bianjian or Temanian projects, Petróleón has continued on its work to ensure that the billions of dollars invested are successfully applied. 

Upon approval of the bid, the Real Academia of Egelion immediately began to create new curriculum for New Englia to apply in its national education system to ensure that a steady and stable engineering sector could be maintained. Because of the quick industrialization and extraction process, New Englia needed resources beyond large sums of money to ensure the Rossfadda Formation was effectively utilized. Investments in expertise and human knowledge were needed. The Real Academia spent an estimated 35 million Egelian Crowns to ensure that education and engineering opportunities in New Englia were well established while Petróleón focused on the infrastructure and extraction. Several college-level and secondary school courses were created in major cities, which were approved by the New Englian government as part of the bidding process. The first graduating class that engaged in these courses have now entered the work force in energy, signaling the start of New Englia's long-term, sustainable work force.

On the shipping side, Novantica has helped New Englia expand certain oil-specific ports in the nation to help with the flow of product abroad. Novantica has gracefully assisted Petroenglia with the creation of a new fleet of modern Egelian oil tankers - a necessary step in ensuring New Englia's ownership of the process without impeding on their sovereignty. Novantica has spent a total of 10 million Crowns in these separate ventures. However, as the oil continues to be exported, the company has reported a 24% increase in productivity and a 13% increase in export speed. Working on port expansions - and suitable tankers that can easily access the nation's facilities - has helped Petroenglia move towards a stable production rate. Overall, the team and oversight committee at  Petróleón are "overwhelmingly satisfied" with what they are calling the "megaproject" the company has taken on. New Englia and its people are set to benefit from these investments over the next few decades and assist the nation in developing their economic footing in the region.

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