Famfa Oil Limited

Famfa Oil Limited is a prominent Nigerian oil and gas exploration and production company with a legacy dating back to 1991. The company holds a 60% participating interest in OPL 216, in collaboration with Star Deep Water Petroleum and other notable participants. Their flagship project, the Agbami field, operated by Star Deep Water Petroleum Limited, is located 70 miles off the coast of Nigeria and spans an area of 45,000 acres. Notably, in 2004, the company was granted a conversion from oil prospecting license OPL 216 to oil mining license OML 127. Famfa Oil Limited's trajectory includes strategic partnerships with industry heavyweights such as Chevron, Petroleo Brasileiro (Petrobras), and Statoil, signifying the company's ability to attract and collaborate with major players in the oil and gas sector. The company's commitment to indigenous ownership and operations makes it a notable player in the Nigerian energy landscape. With a foundation laid in the early 90s, Famfa Oil Limited continues to be a significant contributor to energy and renewable energy sectors in Nigeria.