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South Atlantic Petroleum Ltd. (Sapetro)

ID 1022

South Atlantic Petroleum Ltd. (Sapetro)
3 (17 votes)

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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

Corporate.Oil & Gas


11th and 12th Floor South Atlantic Petroleum Towers 1 Adeola Odeku Street, P.O.Box 73152, Victoria Island, Lagos


Mrs. Daisy Danjuma


01-2625516-7, 01-2701906, 01-9032750, 01-4623100





Working Hours

Mon-Fri (8am-5pm)

GPS Coordinates

6.429334 N, 3.422883 E


petroleum, oil & gas, exploration, production

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Added by via PC on 6:00am, Wed 30th November, '-1

Updated by Hexgear via PC on 9:04am, Mon 16th June, '14

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