Indigenous Oil Company in Nigeria

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Indigenous Oil Company in Nigeria – A company, often known as an organisation, is a formal term for a group of individuals with a certain goal who are either naturally occurring, legally existing, or a combination of both. Members of the company work together with a common goal to accomplish their set objectives.

A company can be established as a legal entity with limited liability as long as its members fulfill or fail to fulfill their obligations in accordance with the publicly proclaimed incorporation or published policy. If a business closes, it might need to be liquidated in order to discharge all outstanding debts.

Corporate groupings are the collectively registered entities that occur when two or more firms join forces and register as new businesses.

A company is an “artificial person” with a common seal, perpetual succession, and a discrete legal personality that was founded by or pursuant to law. Companies are unaffected by the death, insanity, or insolvency of a specific member, with the exception of some senior positions.

Numerous businesses in the oil and gas sector are authorised to operate in the nation. They include national and multinational businesses operating in the oil and gas industry in a variety of ways.

The majority-owned and controlled indigenous oil and gas firms in Nigeria carry out tasks including the exploration and development of crude, the sale and marketing of petroleum products, the provision of technical support, and oil-servicing obligations to other companies in the industry, among others.

This is a list of indigenous oil company in Nigeria:

NIGERIAN NATIONAL PETROLEUM CORPORATION

The Port Harcourt, Kaduna, and Warri refineries are run by this government-owned enterprise. The NNPC produces refined petroleum products as well as other byproducts including lubricants.

NIGERIA LIQUEFIED NATURAL GAS LIMITED

This business is involved in almost every facet of oil and gas. It was started back in 1989.

DUBRI OIL COMPANY LIMITED ( DOCL)

Dubri Oil Company Limited was established as a legitimate petroleum-producing firm in Nigeria in March 1987. The company’s primary activities include hydrocarbon exploration, development, production, and export. The company has a main office at the Octagon Building on the 9th floor at 13A, A. J. Marinho Drive on Victoria Island, Lagos State, and a branch in GRA Benin City, Edo State, on Boundary Road.

AMNI INTERNATIONAL PETROLEUM DEVELOPMENT COMPANY LIMITED

It was founded in 1993 and is a local business. The company’s primary pursuits are the exploration and production of oil and gas. Amni International Petroleum Development Company Limited oversees the operations of two offshore oil-producing blocks. Plot 1377 Tiamiuyi Savage Street, Victoria Island, Lagos State is where this business is situated.

TENOIL PETROLEUM AND ENERGY SERVICES

A business called Tenoil is involved in the exploration and production of oil and gas. One of its main goals is to use domestic value chains and other operations to connect the output from oil blocks to the consumers of petroleum products.

OANDO PLC.

This business operates in the upstream, midstream, and downstream portions of the oil and gas industry. Petroleum exploration, the creation and sale of energy goods, and petroleum byproducts. The Wings Complete, Ozumba Mbadiwe, Victoria Island, and Lagos Stage are home to Oando Plc. There is also a Maitama, Abuja, office located at Tigris Crescent.

DELTAAFRIK ENGINEERING LIMITED

This privately held, local business works on oil and gas exploration and development projects in Nigeria. Lagos State is where the business is situated.

YINKA FOLAWIYO PETROLEUM COMPANY LIMITED

In 1982, this business was established in Nigeria as a legitimate organisation. The business specialises in the exploration and production of oil and gas. It is situated in Apapa, Lagos, Nigeria, at Plaza 38, Yinka Folawiyo Avenue.

CAPITAL OIL PLC.

This is a homegrown business that plays a significant role in Nigeria’s oil and gas industry’s downstream sector. Petroleum products are imported, distributed, stored, traded, and marketed by the business. In Ikeja, Lagos State, at 43 Adeniyi Jones Avenue, is where the head office is located.

ZENON PETROLEUM AND GAS LIMITED

On March 10, 1999, this business was set up as a privately held corporation. Zenon Petroleum and Gas Limited’s marketing and distribution of petroleum products to end consumers is one of its primary responsibilities. In Lagos State’s Victoria Island, the firm has its headquarters.

CHIBECO OIL AND GAS NIGERIA LIMITED

The corporate headquarters of this indigenous business are in Port Harcourt, Rivers State. This business specialises in the supply and distribution of petroleum products while also providing support services to other oil and gas industry businesses.

GASLINK NIGERIA LIMITED

This is a homegrown business that is in charge of creating and distributing Nigeria’s natural gas network. The primary responsibility of the organisation is to pipe natural gas to end users in Nigeria, whether they be commercial, residential, or industrial. The business has three locations, all in Lagos State: Victoria Island, Alausa, Ikeja, and the Akute Intake Facility, Akute-Odo.

MRS. OIL NIGERIA PLC.

This corporation has a significant presence in Nigeria’s oil and gas industry’s downstream sector. The selling of aviation fuel, the sale of petroleum products, and the blending of lubricants are all activities carried out by this entirely indigenous enterprise. Its main office is in Lagos State.

AMAZON ENERGY LIMITED COMPANY

This domestic business operates in the energy and petroleum industries. In Lagos State, it is headquartered.

CONOIL PLC.

The business was established in 1960 as a private limited company under the name National Oil and Chemical Marketing Plc. But in 1989, it underwent a conversion to become a public business. The selling of refined petroleum products, as well as the production of lubricants and liquefied petroleum gas for end users, are among the company’s main goals.

ARDOVA PLC.

This business is based in Nigeria and works in the downstream portion of the oil and gas industry. In addition to other items, the company markets premium motor spirit (PMS), dual-purpose kero (DPK), fuels oil, and Jet A-1 gasoline. Additionally, it is responsible for the production and distribution of lubricants including Super V, Visco 2000, and a number of others. The company operates more than 450 retail locations throughout Nigeria.

AQUINAS OILFIELD SERVICES LIMITED

This is a homegrown business that was established in Lagos in 2002. Aquinas Oilfield Services, a company that provides oil servicing, provides specialised support to oil and gas businesses doing business in Nigeria. In Crescent, Oregun, Ikeja, Lagos State, the business is situated at No. 9 Asia a Solar.

INTELS

The business sells refined petroleum products and also makes additional byproducts for use in industry and households, including lubricants and liquified petroleum gas. In 1984, it became a corporation. Its main office is in Onne, Eleme, Rivers State.