Industry analysts see this as. With this positive development Aje field is the first oilfield outside the Niger Delta to produce Yinka Folawiyo Petroleum Company Limited volumes of hydrocarbons, which has helped in no small measure to prove the prospectivity of other frontier basins in Nigeria.

He further stated that it is a clear Yinka Folawiyo Petroleum Company Limited that the Local Content Laws are being adhered to and is working. He said CESL will continue to deliver cost-effective operation and maintenance services on the Aje FPSO, in addition to providing further field development support and production optimization input on the asset.

Aje field previously located in oil prospecting licence OPL and now in oil mining lease OMLis an offshore oil and gas asset located in the frontier 44th Chemical Company basin, in water depth of about feet, and 20 kilometers offshore Lagos. Located in OML 20 kilometres offshore LagosAje field is an offshore oil and gas asset in the frontier of Benin-Dahomey basin in water depth of ft and commercial reserves of about 20 billion barrels.

The field was discovered in through exploratory drilling, 3D seismic acquisition and follow-on appraisal drilling spanning nearly two decades. Aje field reached first oil in Maywhen it commenced Yinka Folawiyo Petroleum Company Limited of commercial volumes of oil and gas from two wells. Century Group is a Multi -operational company with interest and expertise in the full value chain of the oil and gas industry and non-energy sector in Nigeria.

Century Group CG is a multi-operational company with interests and expertise in the full value chain of the oil and gas industry and non-energy sector in Nigeria. Author Administrator. What is an FSO? What is an FLNG?

Yinka Folawiyo

The Yinka Folawiyo Group is a diversified Nigerian industrial group founded in 1957 by late Chief Wahab Iyanda Folawiyo, first Baba Adinni of Nigeria. The group is active in key industries such as oil exploration and production, refined product storage, energy trading, shipping, farming and real estate.…

Upstream - Yinka Folawiyo

Incorporated in 1982, Yinka Folawiyo Petroleum quickly became one of the leading indigenous oil companies in Nigeria. In June 1991, the company was granted an Oil Prospecting License (OPL) 309 as a Sole Risk Contract under the Nigerian government's Indigenous Allocation Programme, put in place to encourage the development of a locally owned and operated Nigerian upstream Oil industry.…

Yinka Folawiyo Petroleum Nigeria

Yinka Folawiyo Petroleum is a privately held operator founded in 1992. In June 1991, the company was granted an Oil Prospecting License (OPL) 309 as a Sole Risk Contract under the Nigerian government’s Indigenous Allocation Programme, put in place to encourage the development of a locally owned and operated Nigerian upstream Oil industry.…

Midstream - Yinka Folawiyo

Folawiyo Energy is a midstream Oil and Gas Company focusing on delivering storage solutions for refined fuel products through its privately owned deepwater jetty in Lagos, Nigeria. Laboratory and onsite testing facility are available to enable measurement and sampling of ……

The Group - Yinka Folawiyo

In 1982, the company entered the oil industry with the formation of Yinka Folawiyo Petroleum,, a leading indigenous E&P company in Nigeria. The company is currently operating the Aje field, the first oil‐producing field in Lagos state.…

Bolaji Musah - General Manager - Yinka Folawiyo Petroleum ...

Executive Director at Yinka Folawiyo Group. Mr Bayo Dahunsi. Mr Bayo Dahunsi Global Head, Human Resources & Administration at AMNI INTERNATIONAL PETROLEUM DEVELOPMENT CO. LTD. ... Acting Managing Director at Yinka Folawiyo Petroleum Company Limited. company placeholder image. General Manager at Yinka Folawiyo Petroleum Company Ltd. Lagos State ...Title: Acting Managing Director at Yinka ……