Neconde Energy was incorporated in 2010 as an independent Oil & Gas company. It was set up as a special purpose vehicle for the acquisition and development of petroleum assets. Its core operational focus is on the exploration and development of oil and gas assets. Neconde was established through the acquisition of a 45% working interest in OML 42 in 2011, from Shell, Total and Agip Joint Venture.
Neconde Energy has a solid operational track record. It is a wholly-owned Nigerian company with offices in Lagos and Warri. It has active shareholders support from Gobowen Exploration and Production Limited and Aries E & P Nigeria Limited – both dominant players in the Nigerian Oil & Gas industry. Neconde has a strong management with extensive in-country experience from various international oil companies.
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