Check out the list of the best companies in Nigeria that deals with crude oil exploration, then extraction and gas, their names and locations in the country.
Nigeria is the largest oil producing country in the whole of Africa.
It is also the 13th-largest oil producer in world, surpassing over 80 other oil producing nations.
The country has about 37 billion barrels of oil and gas reserves with 192 trillion cubic feet.
Adding to that is the fact that Nigeria is home to several top oil companies in the world.
The country boasts of so many big names in the oil and gas sector. This includes foreign and local oil-producing companies.
This article features a list of the international oil companies in Nigeria and as well as the local.
Here , you will learn about their location, website, net worth and other valuable information about them. Keep reading.
Oil and Gas Companies In Nigeria 2020
- Total Exploration & Production Nigeria Limited
- Shell Petroleum Development Company of Nigeria Limited
- Chevron Nigeria Limited
- Nigeria Agip Oil Company Limited
- Exxon Mobil Corporation
- Addax Petroleum Exporation Nigeria
- Oando Plc
- Nexen Petroleum Nigeria Limited
- Petroleo Brasileiro Nigeria ltd (Petrobra Nigeria)
- Hardy Oil and Gas Plc
1.) Total Exploration & Production Nigeria Limited
- Address: Total House, Plot 247 Herbert Macauly Way,Central Business District Abuja.
- Website: www.nigeria.total.com.
- Total asset: Over $120 Billion.
Also known as Total E & P Nig Ltd or simply “Total”, this company is one of Nigeria’s oil producing companies.
The company has been in Nigeria for over 60 years.
They are into oil and gas exploration and as well as marketing of different petroleum products e.g. Engine oil and other energy related products.
From 1956 when the company began operating in Nigeria, they have not relented in dominating the oil and gas sector in Nigeria.
2.) Shell Petroleum Development Company of Nigeria Limited
- Address: Shell IA, Box 263, Rumuobiakani, Port Harcourt, Rivers.
- Website: www.shell.com.ng
- Total Asset: $399.2 Billion
Shell Nigeria is among the oldest oil producing company in Nigeria.
Shell operates more than 1000 producing wells, 8 natural gas plants and more than 87 flow stations.
Making it the largest oil company in Nigeria today.
The company is predominantly located in the Niger Delta region of Nigeria with its headquarters in Port Harcourt, Rivers State.
3.) Chevron Nigeria Limited
- Address: 2 Chevron Drive, Lekki Peninsula, Lagos State.
- Website: www.chevron.com
- Total Asset: $253. 9 Billion
Chevron Nigeria Limited is a subsidiary of Chevron Corporation, a multinational oil producing company.
Chevron works together with the Nigeria National Petroleum Company (NNPC) to explore the crude oil deposit in the country.
The company is one of the oldest and largest oil companies in the country.
Chevron is also the among the companies that is committed to promoting quality education within the Country
4.) Nigeria Agip Oil Company Limited
- Address: 40/42 Aguiyi Ironsi Street , Maitama, Abuja.
- Website: www.eni.com
- Total Asset: 118.4 Billion Euro
Nigeria Agip Oil Company (NAOC) is a subsidiary of Eni, an italian oil producing company.
NAOC operates mainly in Imo , Rivers, Delta and Bayelsa states where they have concessions covering up to 5,313 square kilometers.
The company is in a joint venture agreement Oando and NNPC.
Agip or better still called Eni Nigeria, has several gas stations all over the country.
The oil exploration units are scattered across the Niger Delta region of the country.
5.) Exxon Mobil Corporation
- Address: Mobil House, Lekki Expressway, Victoria Island, Lagos.
- Website: Corporate.exxonmobil.com
- Total Asset: 279.3 Billion
Also known producing Nigeria or simply ExxonMobil,this company is definitely one of the biggest oil companies in Nigeria.
As a matter of fact, the company is the second largest oil producer in the country.
Only shell produces more oil in Nigeria presently than ExxonMobil.
From 1955 when the company started operations in Nigeria, the American owned company has established itself among the top oil & gas companies in Nigeria.
They have their offices in the Niger Delta region of the country while their office is at Lekki Expressway, Victoria Island, Lagos.
6.) Addax Petroleum Exporation Nigeria
- Address: No. 10 Bishop Aboyade Cole Street, Victoria Island, Lagos
- Website: www.addaxpetroleum.com
- Total Asset: Over 17 million pounds
Addax Petroleum is a subsidiary of Sinopec Group, the largest oil refiner in the whole of Asia and the third highest in the world.
The company began operations in Nigeria in 1998 and has today spread its reach to other West African countries.
They have also grown from the 8000 to 9000 barrels produced per day to producing over 110,000 barrels everyday.
Due to their safety practices and high salary payments, Addax petroleum is one of the best oil companies to work in Nigeria.
7.) Oando Plc
- Address: The Wings Office Complex, 17a Ozumba Mbadiwe, Victoria Island, Lagos, Nigeria.
- Website: www.oandoplc.com
- Total Assets: N520 Billion
Oando Plc is one of the biggest and largest indigenous producer of crude in Nigeria.
The company operates in the upstream, middlestream and downstream in the Nigerian oil and gas industry.
The company has stations almost in all the 36 states of the federation.
They are not only into the production of crude oil, they also produce lubricants and other energy products that are highly valued in Nigeria and beyond.
Oando is one of the few African indigenous company that operates in several countries on the continent.
They presently has over 320 Retail Outlets in Nigeria, Benin, Ghana and Togo.
8.) Nexen Petroleum Nigeria Limited
- Address: 13A, A.J. Marinho Drive, Victoria Island, Lagos.
- Website: www.cnoocinternational.com
- Total Assets: RMB 678.779 Billion
Nexen Petroleum Nigeria is a subsidiary of CNOOC Limited.
The upstream oil and gas organisation is one of the major oil exploration firms in the country.
The organisation CNOOC Limited is the biggest producer of offshore crude oil and natural gas, with interests in Oceanic, South American, North America, Africa and Asia.
Nexen Petroleum Nigeria Limited has business offices in several locations in the Niger Delta region.
The Company is also among the top paying oil firms in Nigeria.
9.) Petroleo Brasileiro Nigeria ltd (Petrobra Nigeria)
- Address: 4th & 5th Floor, Sapetro Towers, Plot 98, Adelola Odeku Str, Victoria Island,Lagos.
- Website: www.petrobras.com.br
- Total Assets: $251.878 Billion
Petroleo Brasileiro Nigeria Ltd popularly known as Petrobras Nigeria, is one of the top oil and gas producers in Nigeria.
The firm Is owned by the Brazilian Government and began operations in the country in 1998.
Petro is one of the foreign-owned organisations that support several education and health projects in Nigeria.
They are also among the highest paying oil firm in the country.
Petrobras currently operates in over 16 countries in Africa, North America, South America etc.
10.) Hardy Oil and Gas Plc
- Address: 180B, Moshood Olugbani Street, Victoria Island, Lagos.
- Website: www.hardyoil.com
- Total Assets: 67 million Pounds.
Hardy Oil Nigeria is a British-owned oil-exploration company operating in Nigeria since 2007.
The company also has a subsidiary in India and Britain where their headquarters is.
Hardy Oil Plc operates in the upstream sector of the Nigeria oil and gas industry.
They have business offices in the Niger Delta region of the country.
This organisation is also into lots of education and health projects within the regions they have their firms in the country.
They also rank high among the best paying oil and gas firms in Nigeria today.
Nigeria is a well known oil producing country.
Currently, we are the largest producers of crude oil, gas in Africa and also rank high worldwide.
Are you searching for the biggest companies in Nigeria when it comes to oil and gas?
We have made a complete list of the top 10 here featuring both the indigenous and non-indigenous.