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TOP TEN (10) OIL AND GAS COMPANIES IN NIGERIA

TOP TEN (10) OIL AND GAS COMPANIES IN NIGERIA

10. Addax Petroleum

10. Addax Petroleum

Addax Petroleum has a long history with the Federal Government of Nigeria. The beginning of the relationship between Addax Petroleum and the Nigerian National Petroleum Corporation started in 1998. The company is a part of the Chinese Sinopec Group; their major production power is concentrated in the Middle East and Africa.

The company works with over 100 wells in Nigeria. Its net worth is estimated at more than 17 million pounds. The company’s website is www.addaxpetroleum.com.

9. Nexen Inc

9. Nexen Inc

Nexen Inc is one of the most prominent companies in the list of oil and gas companies in Nigeria. It is also one of the Chinese companies of today which are under CNOOC Limited. Their main asset in Africa are offshore projects in Nigeria, which started in 2012. They are also into deep water exploration in Nigeria.

Its net worth is estimated at more than $333 million. The company’s website is www.nexencnoocltd.com.

8. Hardy Oil and Gas Plc

8. Hardy Oil and Gas Plc

This company has great interest in working with Nigeria and Nigerians. Their current financial interest of this oil giant is located in onshore assets in Atala and Oza. They currently explore these oil fields together with the Bayelsa Oil Company Limited and Millenium Oil and Gas Company.

The company holds 20% of interest in Oza and Atala. Its net worth is estimated at more than 67 million pounds. The company’s website is www.hardyoil.com.

7. Total

7. Total

It is a multinational oil and gas company which also has great interest in working with Nigeria; they have had working relations with Nigeria for over fifty years. It currently has a wide distribution network of over 500 oil stations. The company is also involved in power generation and chemical production in Nigeria.

Its net worth is estimated at more than 120 billion dollars. The company’s website is www.total.com.ng.

6. Petrobras

6. Petrobras

Petrobras is one of the best oil and gas companies in Brazil; a lot of Nigerians like this company and dream of joining its international team. Its main focus is on oil, gas and alternative energy sources.

Its net worth is estimated at more than $73 billion. The company’s website is www.petrobras.com.

5. Nigerian Agip Oil Company Limited

5. Nigerian Agip Oil Company Limited

Agip is one of the largest oil and gas companies in Nigeria. It is a joint venture of several major players in the oil and gas industry – NNPC (60% ownership), Agip (20% ownership) and ConocoPhillips (20% ownership).

The company’s website is www.eni.com.

4. Shell

4. Shell

Shell is a globally known company and a top player in the oil industry! It has been working with Nigeria for over 60 years and continues to develop new ways of cooperating with the NNPC. A lot of Nigerians also dream of working with Shell.

Its net worth is estimated at more than 213 billion dollars. The company’s website is www.shell.com.ng.

3. Statoil

3. Statoil

This is the biggest Norwegian oil company in the world! It has been working with Nigeria since the early 1990s. It is responsible for the Agbani exploration project in Nigeria.

Its net worth is estimated at more than $155 billion. The company’s website is www.stateoil.com.

2. Chevron

2. Chevron

The headquarters of this oil company is stationed in the USA. The main fields of interest for the company are oil, gas and alternative energy sources.

Its net worth is estimated at more than $253 billion. The company’s website is www.chevron.com.

1. Exxon Mobil

1. Exxon Mobil

Exxon Mobil is the top oil company in the world; its operations are related to various sources of oil, gas and alternative energy. Its net worth is estimated at more than $400 billion. The company’s website is www.exxonmobil.com

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4 Comments

  1. Reply

    This is amazing. Please 🙏 when are we cashing out and how may we cash out oooo?

  2. Reply

    Nice

  3. Reply

    Good

  4. Reply

    nice

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