LEKOIL Nigeria Limited is an Africa-focused indigenous oil and gas exploration and production company with interests in Nigeria. The Company was founded in 2010 by a group of leading professionals with extensive experience in the international upstream oil and gas industry as well as in global fund management and investment banking.
News


Lekoil’s Commitment to Nigeria’s Oil Growth: Insights from Sam Olotu

Lekoil Nigeria Limited Celebrates Dr. Kehinde Ladipo on Receiving the Prestigious Aret Adams Award

Lekoil Reaffirms Commitment to Investment and Job Creation in Akwa Ibom

LEKOIL, GEIL, Inaugurate Renovated School, Flag-off Water Project
Chief Executive’s message
”Our ambition is to be the world’s leading oil exploration and production company focused on Africa. In realising this vision, we will seek to maximise value for our stakeholders sustainably, by operating with integrity and leveraging local resources – to the benefit of the countries and communities in which we operate.
Lekan AkinyanmiCEO
Strategic introduction
At Lekoil, we are driven by a bold vision: to power Africa’s energy future through innovation, integrity, and indigenous excellence. As a leading Africa-focused oil and gas exploration and production company, we are strategically positioned to unlock the continent’s vast energy potential while creating sustainable value for our stakeholders. Guided by a deep understanding of local markets and a commitment to global standards, we harness world-class expertise to responsibly develop assets that contribute to Africa’s economic growth, energy security, and environmental stewardship. Our journey is one of resilience, reinvention, and relentless pursuit of progress – fueling tomorrow, today.
Operations
Delivering Energy from the Heart of the Niger Delta
The Otakikpo Marginal Field in PML 11 represents Lekoil’s flagship producing asset and a model for efficient, low-cost oil production in Nigeria. Located in the coastal swamp belt of the Niger Delta, Otakikpo has transitioned from discovery to sustained production through strategic investment, strong technical execution, and a robust partnership with Green Energy International, the Nigerian government and local stakeholders. Our operations here are characterized by a disciplined focus on safety, environmental responsibility, and community engagement. As we continue to optimize production and unlock additional value from the field, Otakikpo stands as a testament to what can be achieved through local capability, innovation, and commitment to shared progress.
Assets
Unlocking Africa’s Energy Potential, Asset by Asset
Lekoil’s portfolio is strategically focused on high-impact assets across Nigeria’s prolific offshore and onshore basins. Our disciplined approach to asset development – spanning exploration, appraisal, and near-term production – positions us to deliver value at every stage of the hydrocarbon lifecycle. Each asset in our portfolio reflects our commitment to operational excellence, strategic partnerships, and long-term growth. As we advance our projects, we remain guided by our mission to deliver sustainable energy solutions for Africa and beyond.
Appraisal assets
Turning Potential into Proven Value
Our appraisal assets form the cornerstone of Lekoil’s medium-term value creation strategy. Through rigorous technical evaluation and phased development, we aim to de-risk and commercialize hydrocarbon resources that have already shown promising indicators.
- OPL 310: Located offshore Lagos in the Dahomey Basin, OPL 310 is a technically advanced appraisal asset with proven hydrocarbons and significant upside potential. Anchored by the Ogo discovery – one of the largest offshore discoveries in West Africa in recent years – OPL 310 is poised for further development through strategic partnerships and phased appraisal drilling.
- OPL 276: Situated onshore in Nigeria’s Niger Delta, OPL 276 represents a near-term production opportunity. With prior discoveries and existing infrastructure in proximity, this asset is strategically positioned for rapid development and monetization, bridging the gap between appraisal and production.
Exploration assets
Pushing Frontiers with Purpose
Our exploration activities are aimed at unlocking new plays and diversifying our resource base. By combining seismic intelligence, basin modeling, and local insights, Lekoil targets underexplored acreage with high-impact potential.
- OPL 325: Located in the deepwater segment of the Dahomey Basin, OPL 325 is a frontier exploration asset with substantial upside. The block lies within a geologically promising zone, offering significant potential for large-scale discoveries. Our strategy is to attract technically aligned partners to help accelerate exploration and validate the block’s deepwater prospectivity.
Sustainability
Empowering Progress, Responsibly
At Lekoil, sustainability is not a side initiative – it’s central to our purpose. We believe that responsible energy development must go hand in hand with environmental stewardship, social impact, and good governance. As an indigenous African energy company, we are deeply connected to the communities we serve and the ecosystems we operate within. From reducing our environmental footprint to investing in local capacity and upholding the highest ethical standards, our commitment to sustainability shapes every decision we make. We are building more than an energy company – we are building a legacy of inclusive growth and long-term resilience for Africa.
Our Vision
To be the world’s leading oil Exploration & Production company focused on Africa.
Our Core Values
At the core of our mission lies a commitment to integrity, guiding every decision with honesty and transparency. We uphold the highest standards of professionalism, ensuring that our conduct reflects dedication and accountability.