LEKOIL Nigeria is an Africa focused oil and gas exploration and production company with interests in Nigeria. We are headquartered in Lagos with field and operations locations in Rivers State. The attributes that make LEKOIL structurally, financially and technically sound are the attributes helping us shape the future of oil exploration in Africa.

Capital market access

On 17 May 2013, LEKOIL Nigeria through its affiliate Lekoil Limited successfully listed on the AIM market of the London Stock Exchange with a US$50m fundraising, a record sum for a new entrant E&P company on AIM that year. Since then, Wood Mackenzie has ranked the Ogo discovery in OPL 310 as one of 2013’s largest discoveries in the world, and we have completed the successful acquisition of the Otakikpo Marginal Field, with production now underway.

Technical and operational competence

A hugely experienced technical management team combines local knowledge with deep expertise in exploration, production and geophysics in Nigeria as well as elsewhere in Africa. The team’s work has helped identify reserves well in excess of previous estimates. The continuing application of expertise and the latest technology will help us ensure we deliver on the potential of those reserves, and find new opportunities. For example Otakikpo was brought from a green field project to production in less than three years and production has been steady over the last three years of c.6,000 bopd with no detrimental environmental impact or Lost Time Incidents (LTI).

Indigenous profile
Our indigenous experience gives us a competitive advantage in oil exploration and production in Nigeria and more widely across Africa. It helps us understand the operational, regulatory, environmental and security issues that drive successful operations in Africa. It helps us benefit from advantageous fiscal terms for local indigenous companies. Our indigenous experience means we possess extensive government and industry relationships that help us realise our goals.

  • Lekoil, Proud Sponsors of the  2023 Africa Oil Week December 2, 2023

    Lekoil, Proud Sponsors of the 2023 Africa Oil Week

    Lekoil Nigeria was a proud sponsor of Africa Oil Week 2023 which took place from the 9th-13th of October in Cape Town. Our GM Human Resources, Kike Fa…

  • Lekoil Achieves Record Milestone of Seven Million LTI Free on Otakikpo JV Marginal Field December 2, 2023

    Lekoil Achieves Record Milestone of Seven Million LTI Free on Otakikpo JV Marginal Field

    We are happy to announce that on the 22nd of September 2023, Lekoil achieved a safety milestone on the Otakikpo Joint Venture Marginal Field maintaini…