In 1823, the world's first paraffin factory was built in the city, and in 1846, the world's first oil well was drilled in Bibi-Heybat. Javad Melikov from Baku had built the first kerosene factory in 1863. In 1873, the Russian government offered competition for free land, and Baku caught the eye of the Nobel brothers. In 1882, Ludvig Nobel invited technical staff to Baku from Finland, Sweden, Norway, and Germany and founded a colony that he called Villa Petrolea. This colony was located in the "Black City". Bullock-cart drivers used wineskins and flasks to transport oil until the 1870s. In 1883, a Rothschild's plenipotentiary arrived from Paris and created the "Caspian-Black Sea Joint-Stock Company". Famous Baku oil magnates of the era included Musa Nagiyev, Murtuza Mukhtarov, Shamsi Asadullayev, Seid Mirbabayev, and many others.