Oil and Gas

Top Major Oil and Gas Companies in Nigeria 2023

The oil business in Nigeria has consistently been a significant type of revenue in the country. Oil and gas companies in Nigeria,

it is as of now the wellspring of 95% of Nigeria’s unfamiliar trade income. It is in this manner clear that oil and gas organizations assume a critical part in the Nigerian economy.

Man found this combustible regular fluid and started to utilize it quite a while past specialists have set up that oil fields existed on the banks of the Euphrates as right on time as 4-6 thousand years before our time.

Around 700 years prior, the renowned voyager Marco Polo visited the region of current Azerbaijan, and in his notes portrayed (as he called it) “earth oil”, which “can’t be eaten, however, it copies and recuperates camels well.

Major Oil and Gas Companies in Nigeria

Addax Petroleum

Major oil and gas companies in Nigeria, Addax Petroleum have 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.

Nexen Inc

Nexen Inc is one of the most prominent companies on 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 is offshore projects in Nigeria, which started in 2012. They are also into deepwater exploration in Nigeria.

Hardy Oil and Gas Plc

This company has a great interest in working with Nigeria and Nigerians. The 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 its interest in Oza and Atala. Its net worth is estimated at more than 67 million pounds. The company’s website is www.hardyoil.com.

Total

Total Nigeria Plc is a multinational oil and gas company that also has a 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.

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.

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).

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.

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.

Chevron

Major oil and gas companies in Nigeria Chevron is a big oil company in Nigeria, 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.

Exxon Mobil

Finally, on oil and gas companies in Nigeria, 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.

Conclusion

On the off chance that you visit the sites of all the oil and gas organizations in Nigeria referenced above, you will actually want to get total data about their activities in the country. Besides, they additionally give great job openings.

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