Our business model is fullstream and we are committed to sustainable development principles in order to create value additions and further reinforce the high resilience of our business to the changing macroeconomic environment through risk diversification and strategic thinking.
UPSTREAM
Exploiting unique acquisition opportunities for indigenous independents. Our robust portfolio of oil and gas fields comprised of interests in onshore and offshore producing assets.
As international oil companies shift their focus away from Africa and even more to deep-shore projects, they are divesting their onshore assets, offering opportunities for indigenous independents to acquire reserves and resources.
Our strategy is to continually grow reserves through the development of existing portfolio, and the acquisition of new assets through an ambitious expansion strategy. Our Vision is to be the leading indigenous exploration and production player on the African continent.
Our key competitive advantages are:
- Rich reserve base to support our portfolios
- Low production cost of conventional barrels
- Vast experience in large scale projects
- Technological expertise
DOWNSTREAM
We trade on crude oil and petroleum products ranging from Naphtha, Gasoline, Fuel Oil, Gas Oil, Kerosene, and Bitumen
Developing downstream segment helps us to decrease dependence from the price volatility and strengthen competitiveness by delivering high added value products.
AfriCorp Petroleum delivers a wide range of high-quality oil products, gas processing products and lubricants; and manages retail sales in african countries. Our key competitive advantages are:
- Leadership in refining efficiency
- Favorable location of refineries and proximity to sales markets
- Product range and high quality of products
- Development of premium distribution channels
MIDSTREAM
AfriCorp Petroleum’s global trading hub adds value by identifying opportunities in commodity trading and deploying bespoke strategies to reconcile gaps between supply and demand through logistics, storage, and processing.
Our team of brilliant traders around the globe leverage local knowledge thus providing logistical expertise to meet our customers’ requirements. The business has a superior track record of delivering strong performance backed by global financial institutions. The business has a strong risk management framework and the business model initiates physical commodity transactions while securing the margin through appropriate risk management.
AfriCorp Petroleum Group midstream focused business, engaged in the purchase, sale, and distribution of Natural Gas. Our portfolio of strategically located assets including an Natural Gas facility, gas processing, gathering and storage infrastructure, complemented by our Natural Gas marketing and distribution business segments provides complete Natural gas solutions to our customers.
AfriCorp Petroleum shall be instrumental in driving energy solutions through the commercialization of gas for power generation. Gas Trading is aimed at ensuring Sales to third Parties through Business to Business Joint Ventures and driving Gas Importation for sale in Africa.
SALES AND MARKETING
We involve in sales and marketing of crude oil and refined petroleum commodities “Direct” on the secondary market with its “Wholesale” and distribution ranging from crude oil, gas and petroleum products in the domestic and international markets, driving optimal distribution of flows to fit the market. The Company owns crude oil and petroleum products transshipment facilities, as well as pipelines, which helps minimize transportation costs. We also involve in virtual pipelines solutions where assets are in challenge areas.
We’re committed to helping organizations, utilities, wholesale, retail, and commercial customers fulfill their energy needs. Our vertical integration across the energy supply chain enables access to reliable supply and comprehensive support. No matter what the energy needs may be, we’ll help to secure the supply needed while providing end-to-end support. With tailored agreements, we’ll craft a portfolio that aligns with your current and future goals. Our operations cut across robust wholesale and retailing
Along with our international partners we’ve built a nationwide terminal network to serve and ensure energy security as well as our established partnerships with best-in-class logistics providers. This ensures you have access to the supply you need and the service you deserve.
Our multimodal logistics capabilities, storage capacity, owned terminal network, and relationships with third-party terminals and trucking providers allows us to move and store product. Through our diversified approach, we help combat supply disruptions and market imbalances to ensure your operations aren’t impacted through our various energy supply and solutions across the nation.
