NEWCROSS
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.
• 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 Statement
To solidify our position as a recognized energy leader through innovation, sustainability and regional growth.
- To leverage on our domestic successes, building bridges as we expand into the West African and Gulf of Guinea market.
- To maintain diversity in our asset profile through an elite mix of Newcross-operated exploration and production assets and other targeted investments to ensure increased productivity and a greater aggregate share of the West African market.
Mission Statement
To deliver sustainable energy solutions that foster growth and creates shared long-term value for stakeholders.
We persistently overcome challenges, adapt to change, and thrive in adversity, driving our success and ensuring long-term business sustainability.
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We continuously and intentionally explore new ideas and approaches, pushing the boundaries to deliver innovative energy solutions for a rapidly evolving world.
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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.
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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.
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We are committed to a sustainable future, integrating the highest environmental, social, and governance standards to ensure responsible energy production.
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