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6 Igbo-owned Oil And Gas Companies In Lagos - Business - Nairaland

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6 Igbo-owned Oil And Gas Companies In Lagos by OfficialAPCNig: 10:27am On Apr 12, 2023
Igbos have the highest number of indigenous oil and gas companies headquartered in Lagos.

Here are some of them:

Pinnacle Oil and Gas

Pinnacle is an Indigenous Oil and Gas Company active across the entire downstream value chain, with emphasis on the petroleum trading, marketing, distribution and retail segments of the Nigerian Oil and Gas Sector.

The company was founded in 2004 with Head Quarters in Lagos, one of Africa’s largest business hubs. Our performance within the sector has resulted in significant growth in market share and customers.

Pinnacle has one of Africa's largest offshore intake and offtake and storage terminal. Peter Mbah, the current Enugu State Governor-Elect is the founder and CEO of Pinnacle Oil.

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by akanke79: 10:32am On Apr 12, 2023
He must build seaport in Enugu and make it his oil company headquarter.He should carry his company back to Enugu State.

3 Likes 1 Share

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by XerXers: 10:33am On Apr 12, 2023
akanke79:
He must build seaport in Enugu and make it his oil company headquarter.He should carry his company back to Enugu State.
You must remain in your brown roof in Iragbiji.

29 Likes 1 Share

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by OfficialAPCNig: 10:37am On Apr 12, 2023
2. Nestoil

Nestoil is the largest indigenous EPCC service provider for major IOCs in Nigeria and Sub-Saharan Africa.

The company is headquartered in Lagos, but acquired a modern 59-hectares facility in Abuloma, Port Harcourt, Rivers State to boost our operations and enhance the Nigerian Content drive for “Adequate in-country Facility” to deliver first class services in:

1.Pipeline/
Flowlines
Construction

2. Horizontal
Directional
Drilling

3. Pressure
Vessel
Manufacturing

4. Steel
Structures
Fabrication

5. Services
and
Consulting

The company's Port Harcourt facility comprises a marine/load out jetty, large fabrication yard, workshops and work-area including open air storage, sensitive items storage, and above-ground storage tanks (AST) with adequate security of personnel and equipment.

The Nestoil Tower, the company's headquarter was completed in 2016, and one of the first LEED certified buildings of its kind in West Africa. The Tower has panoramic view of the Atlantic Ocean and the whole business district of Victoria Island, Lagos.

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by Kwashiman: 10:38am On Apr 12, 2023
Bring them back to the East and have it headquartered in Enugu or even Port Harcourt. It's time for Igbos to completely monopolize our oil and gas companies back to the SE, starting from Seplat.

5 Likes 1 Share

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by OfficialAPCNig: 10:43am On Apr 12, 2023
3. Britannia U

Brittania-U is an indigenous integrated company that delivers energy services through exploration & production, subsurface engineering & consultancy.

The company is a major player in the upstream and downstream sectors. they have a quality portfolio of oil and gas assets in Nigeria. Their capabilities extend through upstream (exploration & production and drilling), downstream, trading of crude products, sub-surface engineering and data appraisal for geophysics and petroleum projects.

Brittania-U is the first indigenous Oil and Gas Company to become, “The operator”, in a joint venture with a foreign company (i.e. African Energy Equity Resources United Kingdom) in its first year of operation nd also the the first company to drill three wells in three (3) months, and buy out their foreign partners within two years of operation.

2 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by OfficialAPCNig: 10:52am On Apr 12, 2023
4. Seplat

Seplat is a Nigeria's international energy company. It's leading Nigeria’s energy transition towards cleaner, more reliable energy that is accessible to all.

The company is Nigeria’s leading independent energy provider, listed on both the Nigerian Exchange and the London Stock Exchange.

Since inception in 2010, Seplat have built an energy business based upon hydrocarbon production in the Niger Delta, exporting oil that supports Nigeria’s economy and delivering gas to power its homes and businesses.

In 2019. they became the first Nigerian company to acquire a UK-listed peer, Eland Oil & Gas Limited, to strengthen their portfolio. The company is building a large gas plant in Imo state.

About 25%-30% of Nigeria’s electricity grid is powered by Seplat gas and it's believed that Seplat powers almost the entire Lagos. The company has generated about $6.2bn in revenue share for Nigeria.

4 Likes 1 Share

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by SpatialKing(m): 10:53am On Apr 12, 2023
Capital Oil too

This guys don't make noise

4 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by XerXers: 10:55am On Apr 12, 2023
Kwashiman:
Bring them back to the East and have it headquartered in Enugu or even Port Harcourt. It's time for Igbos to completely monopolize our oil and gas companies back to the SE, starting from Seplat.
All they need is their presence in the East, they should keep their headquarters wherever is suitable as long as there is still small peace in the country. But let them have significant presence and befitting offices in the East which can easily turn to head office in the event of any unforeseen circumstances

5 Likes 1 Share

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by okeysoninv: 10:58am On Apr 12, 2023
What is the essence of this thread. To chest beat or what? How much assets , pinnacle oil , nestoil, brittainan u, seplat , and co have in South East. Is there any $1b dollar company anywhere in South East. Stupidity thread.

9 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by OfficialAPCNig: 11:02am On Apr 12, 2023
5. Capital Oil and Gas

Capital Oil and Gas Industries Limited is a Nigerian downstream oil and gas company founded in 2001 by Dr. Ifeanyi Ubah. The company is engaged in the marketing and distribution of petroleum products across Nigeria, and it operates one of the largest privately-owned petroleum products storage facilities in Africa, with a total capacity of over 200 million litres.

Some of the achievements of Capital Oil and Gas include:

Contribution to Nigeria's economy: Capital Oil and Gas is a major player in the Nigerian oil and gas industry, and its operations have contributed significantly to the country's economy.

Petroleum products storage: The company operates one of the largest privately-owned petroleum products storage facilities in Africa, which has helped to ensure the availability of petroleum products in Nigeria.

Job creation: Capital Oil and Gas has created employment opportunities for thousands of Nigerians, both directly and indirectly, through its various operations.

Philanthropy: The company has also been involved in various philanthropic activities, such as providing relief materials to victims of natural disasters and supporting the less privileged in society.

Overall, Capital Oil and Gas has made significant contributions to the Nigerian economy and society, particularly in the area of petroleum products distribution and storage, job creation, and philanthropy.

2 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by Putinofrussia: 11:05am On Apr 12, 2023

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Re: 6 Igbo-owned Oil And Gas Companies In Lagos by christejames(m): 11:15am On Apr 12, 2023
My own will soon be there but unfortunately, my headquarters won't be in Lagos, just a major office....

3 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by OfficialAPCNig: 11:15am On Apr 12, 2023
6. Masters Energy

Masters Energy Oil and Gas Limited is a Nigerian downstream oil and gas company founded in 2007 by Uchechukwu Sampson Ogah. The company is engaged in the marketing, distribution, and supply of petroleum products, as well as the exploration and production of oil and gas.

The company has since then expanded and diversified to assume leading positions not only in the oil and gas sector, but Power, EPC, Petrochemicals, Aviation, Shipping and Marine businesses. Master Energy is building a modular refinery with a capacity of 20,000BPD to process Escravos Light/ Bonny Light Crude Oil to produce LPG, premium grades of Gasoline (PMS), Dual Purpose Kerosene (DPK), Automotive Gas Oil (AGO) and Fuel Oils

2 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by XerXers: 11:19am On Apr 12, 2023
Putinofrussia:

Says a brownroofer from Okpoko Anambra.

Anambra


https://www.youtube.com/watch?v=OXxaS62v5-o


Anambra


https://www.youtube.com/watch?v=FPnutBpOllw

Anambra

https://www.youtube.com/watch?v=512d4hHOpF8




https://www.youtube.com/watch?v=Y4l0nLq69W8
When will any government remember Makoko? At least the government is upgrading okpoko, the place is not even too bad and very small in size

2 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by LeoDeKing: 11:27am On Apr 12, 2023
And what came to the attention of Endsars headless mobs and nattering nitwits is BRT buses
Re: 6 Igbo-owned Oil And Gas Companies In Lagos by Lionstep: 11:37am On Apr 12, 2023
LeoDeKing:
And what came to the attention of Endsars headless mobs and nattering nitwits is BRT buses

Nairaland should organize a church thanks giving the day you receive sense, I'm willing to donate two cow 🐄🐄

4 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by Raheeqilmaktoom: 11:38am On Apr 12, 2023
A question for our eastern brothers, are the Niger Delta people not docile and useless anymore because instead of northerners, they are sharing 'awa oyel' with the SE this time?

1 Like

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by LeoDeKing: 11:40am On Apr 12, 2023
Lionstep:


Nairaland should organize a church thanks giving the day you receive sense, I'm willing to donate two cow 🐄🐄
Are you aware lunatics always assume they are the only intelligent beings while others are insane?

2 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by KwuoteYourFada: 11:43am On Apr 12, 2023
LeoDeKing:

Are you aware lunatics always assume they are the only intelligent beings while others are insane?


Are you speaking from a place of insecurity?

Seems you are
Re: 6 Igbo-owned Oil And Gas Companies In Lagos by XerXers: 11:48am On Apr 12, 2023
Raheeqilmaktoom:
A question for our eastern brothers, are the Niger Delta people not docile and useless anymore because instead of northerners, they are sharing 'awa oyel' with the SE this time?

Oil companies is different from oil blocks. Oil companies is strictly business, oil blocks is politics. SE oil companies are operating in Niger Delta on oil blocks owned by Northern emirs and retired generals

2 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by Lionstep: 11:53am On Apr 12, 2023
LeoDeKing:

Are you aware lunatics always assume they are the only intelligent beings while others are insane?


You should also be aware that you don't need to be naked for us to know you're mad

1 Like

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by PureFace1(m): 12:00pm On Apr 12, 2023
i thought you guys said no Igbo man is benefiting from crude oil in Nigeria, that you are being marginalized

1 Like

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by nnamdi640: 12:00pm On Apr 12, 2023
In pH you will see more, I will not mention two oil companies I know owned by Abia men before bad belle people will start to witch hunt them. Even if Igbos don't rule this country, their success should be study because there is something unique about them.

2 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by LeoDeKing: 12:06pm On Apr 12, 2023
Lionstep:


You should also be aware that you don't need to be naked for us to know you're mad
Well, lunatics assume same.
Re: 6 Igbo-owned Oil And Gas Companies In Lagos by afbstrategies: 12:10pm On Apr 12, 2023
akanke79:
He must build seaport in Enugu and make it his oil company headquarter.He should carry his company back to Enugu State.
Your brown roof mentality has no place in Nigeria.
Re: 6 Igbo-owned Oil And Gas Companies In Lagos by CallmeTrinity: 12:21pm On Apr 12, 2023
LeoDeKing:

Are you aware lunatics always assume they are the only intelligent beings while others are insane?


This TALKATIVE who never has anything intelligent to say . Pls go to the romance section
Re: 6 Igbo-owned Oil And Gas Companies In Lagos by XerXers: 12:27pm On Apr 12, 2023
PureFace1:
i thought you guys said no Igbo man is benefiting from crude oil in Nigeria, that you are being marginalized
Oil company is business not "benefit". They carved out Igbo oil bearing communities and joined it with Rivers and gave the oil blocks to northerners thereby starving SE states of revenue. Oil blocks in SE they refused to invest in it because they can't grab the oil blocks, they rather rather waste money searching for oil in the North. Oil company business is entirely a different thing which Igbos built with their sweat. OP didn't even list all the oil companies by Igbos

3 Likes

Re: 6 Igbo-owned Oil And Gas Companies In Lagos by MrBiGGEST(m): 12:34pm On Apr 12, 2023
That's Good!

Big love tO Those patriotic Nigerians.
And to the headless mobs ,Una go wail tire grin
Re: 6 Igbo-owned Oil And Gas Companies In Lagos by Lionstep: 12:40pm On Apr 12, 2023
LeoDeKing:

Well, lunatics assume same.

Just like most lunatic assume all are same
Re: 6 Igbo-owned Oil And Gas Companies In Lagos by 07kjb: 12:43pm On Apr 12, 2023
Half bread is better than none since the NORTHERNERS have taken the oil wells,others have no option than to control the market

You forgot integrated oil and gas
Re: 6 Igbo-owned Oil And Gas Companies In Lagos by PureFace1(m): 12:45pm On Apr 12, 2023
XerXers:

Oil company is business not "benefit". They carved out Igbo oil bearing communities and joined it with Rivers and gave the oil blocks to northerners thereby starving SE states of revenue. Oil blocks in SE they refused to invest in it because they can't grab the oil blocks, they rather rather waste money searching for oil in the North. Oil company business is entirely a different thing which Igbos built with their sweat. OP didn't even list all the oil companies by Igbos


So the Oil from the companies only comes from the oil wells in the East and those companies don't have any Oil wells allocated to them that is outside south East?

Because it involve Igbo now you claimed it was built by their sweat but if it involve Yoruba Oil companies or others you will cry murder.

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