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We are a wholly Nigerian group of companies committed to solving energy challenges with a focus on business excellence and optimum value to stakeholders

Newcross Petroleum

We specialize across the oil and gas value chain, delivering essential services in exploration, drilling, development, processing, storage, trading, and distribution solutions.

NEPL

Newcross EP

Established in 2013 and emerged as the successful bidder of OML 24, acquiring a 45% participating interest in the block hitherto managed under the NNPC / SPDC / TOTAL / NAOC Joint Venture arrangement.

newcross energy

Newcross Energy

Incorporated in 2013, Newcross Energy is a wholly owned indigenous company with strong business rationale and a proactive management team. It was founded by its Parent company – Newcross Petroleum.

NewX

We are advancing in the alternative energy space through investments and other collaborative efforts in R&D of sustainable alternative energy solutions as a compliment to the subsisting energy market.

OUR HISTORY

2005
Incorporated as a technical and financial partner in Egbaoma marginal field with a 40% equity holding.
2011
Began investments in the energy sphere with focus on gas utilization in line with global steer on carbon emission reduction.
2014
• Participated in the 2014 SPDC JV divestment.
• Secured operatorship and a 45% equity in OML24.
2010
Secured 90% participating interest in OPL 283 (now OML 152).
2012
Secured 90% participating interest in OPL276.
2020
Began active play in the Alternative Energy space.

Vision

To solidify our position as a recognized energy leader through innovation, sustainability and regional growth.

Mission

To deliver sustainable energy solutions that foster growth and creates shared long-term value for stakeholders.

Core Values​

Resilience

We persistently overcome challenges, adapt to change, and thrive in adversity, driving our success and ensuring long-term business sustainability.

Innovation

We continuously and intentionally explore new ideas and approaches, pushing the boundaries to deliver innovative energy solutions for a rapidly evolving world.

Safety

We prioritize the well-being and security of our employees, partners, and communities, fostering a culture of safety as the foundation upon which we build trust and sustain our operations.

Excellence

We relentlessly pursue excellence throughout our business, striving for superior performance and operational efficiency, in pursuit of giving value and exceeding the expectations of our stakeholders.

Sustainability

We are committed to a sustainable future, integrating the highest environmental, social, and governance standards to ensure responsible energy production.

GROUP BOARD OF DIRECTORS

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