Is this your Business?
If this listing does not have an Author you can claim it by clicking on the
"Become Author" button under the Listing Statistics
section. Make sure you read and agree to the Author Rules before
doing so. As the Author of this listing, you will have exclusive rights
to edit all the information on this page and manage the
Product Catalog of this business.
Why don't you Follow this Business?
Are you interested in this business? Do you want to get email alerts on your
smartphone whenever this business receives any breaking news, job adverts, upcoming events
or special deals? Then why not follow this business by simply clicking on the big green
FOLLOW button inside the followers box on the left side of the page.
You can always find a list of all the businesses that you author in your
Profile Page under the
"Total Authorships" heading beneath the
Website Statistics section. You can edit the information on this page at
any time using the Author/Editor console at the bottom of this section,
and you can also get started on populating your
At the time of SAPETRO’s inception General Danjuma had over 25 years of business experience from his very successful shipping agency and terminal operator, NAL-Comet as well as relevant expertise having spent seven years as chairman of the Board of Directors of Agip Nigeria Plc until 1995.
The ministry of Petroleum Resources awarded the Oil Prospecting License (OPL) 246 to SAPETRO in February, 1998. The block covers a total area of 2,590km2 (1,000 sq. miles) and lies 120-160km due South of Port Harcourt, in water depths of about 1,100m-1,800m. SAPETRO partnered with Total Upstream Nigeria Ltd (TUPNI), and Brasoil Oil Services Company Nigeria Ltd (Petrobras) to start prospection on OPL246.
Akpo, a condensate field was discovered in April 2000 with the drilling of the first exploration well (Akpo 1) on the block. Other discoveries made on OPL 246 include the Egina Main, Egina South, Preowei and Kuro (Kuro was suspended as a dry gas/minor oil discovery).
Corporate.Oil & Gas
11th and 12th Floor South Atlantic Petroleum Towers 1 Adeola Odeku Street, P.O.Box 73152, Victoria Island, Lagos