Chairman’s Statement

The oil and gas industry plays a critical role providing the energy that supports economic growth and improves the quality of life for billions of people around the world.

In the coming decades, populations are projected to grow and the middle class will continue to expand, dynamics that will further the demand for energy.

Global growth is projected at 2.5% in 2020, just above the post-crisis low registered last year. While growth could be stronger if reduced trade tensions mitigate uncertainty, the balance of risks is to the downside. A steep productivity growth slowdown has been underway in emerging and developing economies since the global financial crisis, despite the largest, fastest, and most broad-based accumulation of debt since the 19Seven0s.

These circumstances add urgency to the need to rebuild macroeconomic policy space and undertake reforms to rekindle productivity that invariably would require significant investment and new production in the energy sector.

Engr. Samuel Alabi Chairman

Increased demand for energy due to growing population and middle class will impact emission levels hence the need to continue to pursue innovative ways to produce clean, reliable and affordable energy to mitigate the risks of climate change.

Seven Oceans Oil and Gas Limited would help address these challenges through the responsible exploration and production of oil and gas resources; clean and renewable energy resources while providing associated support services in politically stable economies that help customers reduce their emissions, improve energy efficiency, advance public policy solutions such as Paris Agreement as a global framework to coordinate Government policies while responsibly managing our environmental, social and governance performance.

Our Expertise

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Exploration & Production

Seven Oceans is committed to provide clean, reliable and affordable energy by harnessing its expertise and innovative capabilities.

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Refining & Perochemical

Seven Oceans alternative future is one in which refined petroleum products, plastics and fertilizers are produced more sustainably.

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Trading & Retail

The strategy is to leverage the full potential of crude oil within the Nigerian economy whilst contributing to exports.

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Logistics & Services

Seven Oceans through its strategic partners and partnerships operates and manages a fleet of offshore support vessels.

Leaders in the provision of affordable and sustainable energy

Our vision is simple, to become leaders in the provision of affordable and sustainable energy and related services while working in a very dynamic and positive global environment. Our success is derived from the commitment that we have towards our customers, employees and community through innovation and strategic partnerships and collaborations to achieve more and reach further.

Get in touch

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