List of Indigenous Oil and Gas Companies in Nigeria

List of Indigenous Oil and Gas Companies in Nigeria

The list of Indigenous Oil and Gas Companies in Nigeria has grown and developed significantly in the last several years, with local businesses becoming more and more relevant. These businesses have shown their competence and knowledge, greatly boosting the nation’s output of petrol and oil.

Comprehensive List of Indigenous Oil and Gas Companies in Nigeria

Nestoil Limited: Engineering, procurement, construction, and commissioning (EPCC), drilling, and oilfield services

Founded in 1991, Nestoil Limited is an oil and gas firm in Nigeria. The firm specializes in dredging, river crossing, coastline protection services, and pipeline building, repairs, and maintenance.

As of right now, Nestoil is the biggest locally owned Engineering, Procurement, Construction, and Commissioning (EPCC) company in the oil and gas industry in Nigeria. There are around 2,000 direct workers at the firm. Nestoil Limited operates from many sites around Nigeria, with its headquarters being in Lagos. The business is firmly committed to community development, environmental sustainability, and safety.

Nestoil Limited has collaborated on several projects with the Nigerian National Petroleum Corporation (NNPC) and other international oil corporations (IOCs). To promote local content in the oil and gas industry. Nestoil Limited has a strong cooperation with the Nigerian Content Development and Monitoring Board (NCDMB).

Midwestern Oil & Gas Company Limited: Exploration and production services

Founded in 1999, Midwestern Oil & Gas Firm Limited is an oil and gas firm in Nigeria. The corporation is engaged in gas and oil production and exploration. A 70% stake in Umusadege Field, which is situated in OML 56 in the northern region of Delta State, Nigeria, was granted to the business in 2003.

In 2005, Midwestern Oil & Gas Company Limited started operating upstream. In its Marginal Field in Southern Nigeria, the business runs a joint venture with SunTrust Oil Business Limited. The field office of Midwestern Oil & Gas Company Limited is located in Umusadege, Kwale, Delta State, while the company’s headquarters are in Lagos, Nigeria. The firm employs more than 150 individuals and generates an estimated $27.6 million in revenue annually.

Midwestern Oil & Gas Company Limited is dedicated to community development, environmental sustainability, and safety. The business has taken several steps to lessen its impacts on the environment, such as utilizing eco-friendly products and procedures.

Midwestern Oil & Gas Company Limited prioritizes economic empowerment, healthcare, and education in its extensive community development program. The business has collaborated with regional groups to develop schools, offer healthcare services, and award scholarships to the communities within its service regions.

List of Indigenous Oil and Gas Companies in Nigeria

Aiteo: Exploration and production services

An integrated energy firm, Aiteo provides production and exploration services for the gas, oil, and electricity industries. The Niger Delta basin and the Benue Trough are the main targets of the company’s exploration and production activities. Aiteo is also engaged in the construction of power-producing infrastructure to broaden Nigerians’ access to energy.

With a daily production capability of more than 100,000 barrels of oil equivalent, Aiteo is one of Nigeria’s biggest indigenous oil producers. The company’s holdings in many oil blocks, notably OML 29 and OML 53, are concentrated in the Niger Delta area, where its oil and gas activities are concentrated. Another project that Aiteo is working on is the Nembe Creek Trunk Line (NCTL), a significant pipeline that moves crude oil from the Niger Delta to export terminals.

Another significant company in the power industry is Aiteo, which focuses on building power plants to improve Nigerians’ access to energy. 

Seplat: Exploration and production services

With assets in the Niger Delta, Seplat Energy is a Nigerian oil and gas business listed on the Nigerian and London Stock Exchanges. In addition to providing production and exploration services, the business has invested in some Nigerian onshore and offshore blocks.

Seplat Energy is a Nigerian oil and gas company of considerable size, capable of producing more than 50,000 barrels of oil equivalent per day. The company’s holdings in many oil blocks, notably OML 4, 38, and 41, are concentrated in the Niger Delta area, where its oil and gas operations are concentrated.

Seplat Energy has a proven track record of success in exploration, having found many fields in recent years, notably Obiafu-Obrikom. To expand its assets, the firm has worked with other international oil corporations (IOCs). In addition, the Nigerian National Petroleum Corporation (NNPC) is in a strategic alliance. 

List of Indigenous Oil and Gas Companies in Nigeria

Tecon Oil Services Ltd: Oilfield equipment rentals and oil well fishing services

Tecon Oil Services Limited is an oil and gas firm based in Nigeria that provides services and equipment rentals to the industry’s upstream segment. The firm offers specialized services such as hydraulic workover services, casing and tube running, oil well snubbing, and oil well fishing. 

In addition to drilling and completion services, Tecon Oil Services provides fabrication and machine shop services. The business maintains offices in Houston, Texas, Lagos, Port Harcourt, and Warri. Addax Petroleum, Shell, and Chevron are just a few of the significant oil and gas businesses with whom Tecon Oil Services has collaborated.

The organization possesses a strong quality management system and is certified in OHSAS 18001:2007, ISO 14001:2015, and ISO 9001:2015.

To support local content and capacity development in the oil and gas industry, the business maintains strong partnerships with the Nigerian National Petroleum Corporation (NNPC) and multinational oil corporations (IOCs). Oil well fishing tools, casing and tube running equipment, and drilling and workover rigs are among the many contemporary machines and equipment that Tecon Oil Services Limited owns and operates.

List of Indigenous Oil and Gas Companies in Nigeria

IESL: Onshore and offshore oil and gas development

Services for onshore and offshore oil and gas development are provided by IESL EPC Limited. Support services are offered by the firm at every step of development and operation. Front-end engineering, detailed design, project management, operations support, asset optimization, decommissioning, and remediation are among the services offered. 

IESL EPC Limited provides asset security services in addition to industrial water and wastewater services. The company’s main priorities are offering quick service and affordable solutions. The organization possesses a strong quality management system and is certified in OHSAS 18001:2007, ISO 14001:2015, and ISO 9001:2015. 

Negris Energy Services Company (NESCO): Engineering, procurement, and construction (EPC), and total asset management of turnkey projects

Negris Energy Services Company (NESCO) provides comprehensive project asset management and engineering, procurement, and construction (EPC) services. NESCO is regarded as one of Nigeria’s top indigenous energy, oil, and gas service firms. It was founded in 1980. For onshore and offshore pipelines and facilities, NESCO offers project management, engineering, procurement, installation, construction, and management (EPIC-M) services.

The firm has a solid quality management system and is certified in OHSAS 18001:2007, ISO 9001:2015, and ISO 14001:2015. NESCO employs a diversified and highly qualified staff that prioritizes the development of local talent and skills. 

NESCO has demonstrated a robust track record of meeting deadlines and budgets while concentrating on enhancing clients’ assets. The following are some of the services provided by the company: – Engineering: design, engineering, and procurement services for oil and gas projects;

Procurement: equipment, materials, and services procurement

Construction: services for building and installing oil and gas facilities

Total Asset Management: services for managing and maintaining assets related to oil and gas NESCO has contributed to many noteworthy Nigerian projects, including the Forcados Yokri Project, the Bonny Terminal Project, and the Escravos Gas Project.

Fenog Nigeria Limited: Project management, engineering, procurement, installation, and construction

Fenog Nigeria Limited is a Nigerian business that offers engineering, construction, procurement, installation, and project management (EPCI) services for horizontal directional drilling, onshore and offshore pipeline installation, and project management. Since its incorporation in 1992, the business has grown to become a significant supplier of EPCI services to corporate entities and the Nigerian oil and gas industry.

To support local content and capacity development in the oil and gas industry, the business maintains strong partnerships with the Nigerian National Petroleum Corporation (NNPC) and multinational oil corporations (IOCs).

Services offered by Fenog Nigeria Limited comprise:

Project management: overseeing initiatives from inception to conclusion

Engineering: designing, developing, and acquiring services for oil and gas projects

Procurement: acquiring supplies, equipment, and services

Installation: services for oil and gas facilities’ installation

Construction: building services for gas and oil installations

Owning a strong quality management system, Fenog Nigeria Limited is certified in ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007. 

List of Indigenous Oil and Gas Companies in Nigeria

NETCO: Basic/detailed engineering, procurement, construction supervision, project management, quality assurance, and quality control

Basic and detailed engineering, procurement, construction supervision, project management, quality assurance, and quality control services are provided by the Nigerian business NETCO (National Engineering and Technical Company Limited). American Bechtel, Inc. and the Nigerian National Petroleum Corporation (NNPC) formed NETCO as a joint venture in 1989. With certifications in ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007, NETCO has a strong quality control system. Among NETCO’s services are:

Fundamental Engineering: front-end engineering design (FEED), feasibility studies, and conceptual design

Detailed engineering, which includes procurement, construction oversight, and detailed design

Project management, which includes scheduling, planning, and oversight

Quality Assurance: planning, monitoring, and control of quality

Quality Control: examination, certification, and testing.

Dover Engineering Limited: System planning, conceptual, FEED, and detailed engineering design

System planning, conceptual design, front-end engineering design (FEED), and thorough engineering design are among the engineering services provided by Nigerian firm Dover Engineering Limited. Since its founding in 1985, the business has grown to become one of Nigeria’s top suppliers of engineering services to the country’s oil and gas sector.

Services provided by Dover Engineering Limited include:

System Planning: pipeline simulation, system optimization, and feasibility studies

Conceptual Design: project definition, feasibility studies, and conceptual engineering

FEED: project scope formulation, cost estimation, and front-end engineering design

Detailed Engineering Design: procurement, construction supervision, and detailed engineering

With an emphasis on fostering local talent and knowledge, the firm employs a highly competent and diversified staff. The corporation has offices in Abuja, Port Harcourt, and Warri in addition to its headquarters in Lagos, Nigeria.

Kaztec Engineering Limited: Engineering, procurement, installation, construction, and management (EPIC-M)

The Engineering, Procurement, Installation, Construction, and Management (EPIC-M) company Kaztec Engineering Limited is entirely domestic. Since its incorporation in 2005, Kaztec has grown to become one of the top EPIC-M providers of onshore and offshore facilities and pipelines. Kaztec Engineering Ltd., a Chrome Group company, is an integral part of the group and has emerged as a pioneer in the construction of drilling and production platforms for the oil and gas sector. led by Sir Emeka Offor, the Chairman.

Engineering, procurement, building, installation, and commissioning of onshore and offshore oil and gas infrastructure for the West African oil and gas sector are among its primary competencies. Kaztec places high importance on employee safety, cultural uniqueness, a quality-driven work culture, and customer satisfaction. The corporate headquarters of the corporation are located in Abuja, Nigeria.

List of Indigenous Oil and Gas Companies in Nigeria

DeltaAfrik: Engineering, procurement, construction, and management services

Offering engineering, procurement, construction, and management services, DeltaAfrik Engineering Limited is one of Africa’s top engineering firms. Lagos, Nigeria serves as the company’s headquarters. It was founded in 2003. Project management, construction management, and detailed engineering are DeltaAfrik’s areas of expertise.

The business has a joint venture with WorleyParsons and is a component of the DeltaTek Group. With an emphasis on creating new solutions and enhancing current ones, DeltaAfrik has a strong commitment to innovation and technology. The firm employs a varied and highly qualified staff that prioritizes the development of local talent and knowledge. Engineering services provided by DeltaAfrik include extensive engineering, design, and drawing.

Procurement: services for acquiring supplies, labor, and equipment

Construction: commissioning, management, and supervision

Management: control, planning, and project management

DeltaAfrik has been certified in ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007, indicating that it has a strong quality management system. 

Conclusion

These locally-owned companies have significantly boosted Nigeria’s oil and gas sector by bringing in money, producing employment, and stimulating the country’s economy. Additionally, they have proven their dedication to community growth, environmental sustainability, and safety. Nigeria has benefited from the establishment of indigenous oil and gas businesses, and in the years to come, their contributions to the industry should only increase.

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