Pan Ocean Oil Corporation (Nigeria) Limited
Oil, Gas, and Mining • 
Lagos, Lagos State, Nigeria • 101-200 Employees
Company overview
| Headquarters | FF Towers Plot 13/14, Ligali Ayorinde, Victoria Island, Lagos Nigeria., Lagos, Lagos 101241, NG |
| Phone number | +23423416313000 |
| Websites | |
| NAICS | 211 |
| Keywords | Pipeline |
| Founded | 1973 |
| Employees | 101-200 |
| Socials |
Key Contact at Pan Ocean Oil Corporation (Nigeria) Limited
Steven Fadeyi Ciod
Group Managing Director
Pan Ocean Oil Corporation (Nigeria) Limited Email Formats
Pan Ocean Oil Corporation (Nigeria) Limited uses 3 email formats. The most common is {first name}.{last name} (e.g., john.doe@poocng.com), used 92.9% of the time.
| Format | Example | Percentage |
|---|---|---|
{first name}.{last name} | john.doe@poocng.com | 92.9% |
{2char} | {2char}@poocng.com | 3.6% |
{first name} | john@poocng.com | 3.6% |
About Pan Ocean Oil Corporation (Nigeria) Limited
Pan Ocean was until April 2019 operator of the OML 98 in Joint Venture Participation Agreement with NNPC. Awarded OPL 275 during the 2007 bid round completed exploration phase in March 2013, and is the first company to achieve OPL conversion to OML in the class of 2007 Bid Rounds as well as the first to fully explore and develop. The asset now OML 147 achieved hydrocarbon facility test run in January 2019. In a bid to meet Nigeria’s domestic gas supply obligation. Pan Ocean was the First Company to aggressively pursue the commercial road map leading to signing of first ever Gas Sale Aggregation Agreement (GSAA) with the Power Holding Company of Nigeria (PHCN), management of Egbin Power Plant on behalf of the Federal Government of Nigeria in June 2010 ahead of all of its contemporaries. In the same vein, Pan Ocean initiated the development of the Ovade-Ogharefe Gas Plant (OOGP) in 2006 with the objective to eliminate gas flaring by gathering & compressing associated gas from adjacent flow station into domestic gas pipelines. With the development of OOGP, Pan Ocean became the first company to achieve zero gas flare in Nigeria with the installation of its 130 mmscfd Ovade-Ogharefe Gas Plant in 2010 and gained full compliance with the Carbon Credit Scheme of the United Nations Framework Convention on Climate Changes (UNFCCC) on the Clean Development Mechanism (CDM) with a CDM award of USD$5 million per annum. This makes the OOGP the biggest CDM project in West Africa. The Amukpe Escravos Pipeline (AEP) is another brainchild of Pan Ocean. It is an export pipeline with horizontal Directional Drilling technology (HDD) over 67km or about 150 feet deep in the ground, and an alternative to Trans Forcados pipeline. The AEP is guaranteed to provide an all year round transportation of 160,000 barrels per day of Nigerian crude through Escravos terminal when it comes into full operation. We are 100% Nigerian - from Executive Management to Field Operations.
Pan Ocean Oil Corporation (Nigeria) Limited revenue & valuation
| Annual revenue | $8,897,720 |
| Revenue per employee | $86,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Oil, Gas, and Mining industry and current estimated revenues | $28,500,000 |
| Total funding | No funding |
Employees by Management Level
Total employees: 101-200
Seniority
Employees
Employees by Department
Pan Ocean Oil Corporation (Nigeria) Limited has 45 employees across 10 departments.
Departments
Number of employees
Funding Data
Pan Ocean Oil Corporation (Nigeria) Limited has never raised funding before.
Pan Ocean Oil Corporation (Nigeria) Limited Tech Stack
Discover the technologies and tools that power Pan Ocean Oil Corporation (Nigeria) Limited's digital infrastructure, from frameworks to analytics platforms.
CDN
SEO
WordPress plugins
JavaScript libraries
Tag managers
JavaScript libraries
Form builders
Miscellaneous
Miscellaneous
Analytics
Programming languages
Blogs
Ireland
Netherlands
Portugal
United States
Australia
Canada
Frequently asked questions
4.8
40,000 users
