Sahara's Upstream division is one of Africa's leading independent E & P players with a diverse portfolio of 8 oil and gas assets in prolific basins across Africa.
Asharami Energy Limited and Sahara Energy Field Holdings UK Limited are the entities at the forefront of our upstream operations. These assets are at various stages of development ranging from exploratory fields to mature producing fields with huge potential for positive returns. Asharami Energy seeks to acquire, develop, and optimize oil and gas assets in established and emerging frontiers across Africa.
The vision is to “Become the pre-eminent exploration & production company operating in Sub-Saharan Africa”. Our E&P activities are driven by an unflinching commitment to safety and environmental sustainability. We have an expanding upstream presence which continues to grow through strategic acquisitions. The business focuses on acquisitions in Sub-Saharan Africa by taking advantage of the existing windows of opportunity to build a portfolio of assets that are ultimately developed for optimized performance.
From a consolidated standpoint, the upstream businesses have demonstrated a solid track record of operational delivery, converting 2C resources to 2P reserves. Our team comprises highly experienced asset managers and experts with many years of industry experience managing various projects around the world.
Asharami Energy Limited
Asharami Energy Limited has made huge investments in three prolific onshore assets in Nigeria (see table below) and the company has a strategy to deliver long term sustainable growth. AEL has a diversified portfolio of onshore assets across the exploration, development and production stages with a large acreage located within a prolific and proven oil basin.
Country | Asset | Interest | Sq.Km | Status |
|---|---|---|---|---|
Nigeria | OML 18 | 16.2 | 1,035 | Producing |
Nigeria | OML 148 | 100 | 871 | Producing/Development |
Nigeria | OPL 228 | 100 | 1,915 | Exploration |
Nigeria | OPL 284 | 90 | 1,112 | Exploration |
Nigeria | OPL 286 | 90 | 1,128 | Exploration |
Nigeria | Tsekelewu (OML 40*) | 51 | 14 | Exploration |
Ghana | SWTCP | 85 | 1500 | Exploration |
Cote d’Ivoire | Block CI-5000 | 35 | 162 | Exploration |
*75% of these assets are at the early stages of the asset life-cycle, offering significant upside for production growth.
Sahara Energy Fields Holdings manages the rest of the Group’s offshore upstream interests within Nigeria and across Sub-Saharan Africa, including Cote d’Ivoire and Ghana.
From a consolidated standpoint, the upstream companies have demonstrated a solid track record of operational delivery, converting 2C to 2P and prospective resources to discoveries.
The vision is to “Become the pre-eminent exploration & production company operating in Sub-Saharan Africa”. Our E&P activities are driven by an unflinching commitment to safety and environmental sustainability. We have an expanding upstream presence which continues to grow through strategic acquisitions. The business focuses on acquisitions in Sub-Saharan Africa by taking advantage of the existing windows of opportunity to build a portfolio of assets that are ultimately developed for optimized performance.
From a consolidated standpoint, the upstream businesses have demonstrated a solid track record of operational delivery, converting 2C resources to 2P reserves. Our team comprises highly experienced asset managers and experts with many years of industry experience managing various projects around the world.
Sahara's Upstream division is one of Africa's leading independent E & P players with a diverse portfolio of 8 oil and gas assets in prolific basins across Africa.
Asharami Energy Limited and Sahara Energy Field Holdings UK Limited are the entities at the forefront of our upstream operations. These assets are at various stages of development ranging from exploratory fields to mature producing fields with huge potential for positive returns. Asharami Energy seeks to acquire, develop, and optimize oil and gas assets in established and emerging frontiers across Africa.
Sahara's Upstream division is one of Africa's leading independent E & P players with a diverse portfolio of 8 oil and gas assets in prolific basins across Africa.
Asharami Energy Limited and Sahara Energy Field Holdings UK Limited are the entities at the forefront of our upstream operations. These assets are at various stages of development ranging from exploratory fields to mature producing fields with huge potential for positive returns. Asharami Energy seeks to acquire, develop, and optimize oil and gas assets in established and emerging frontiers across Africa.
Sahara's Upstream division is one of Africa's leading independent E & P players with a diverse portfolio of 8 oil and gas assets in prolific basins across Africa.
Asharami Energy Limited and Sahara Energy Field Holdings UK Limited are the entities at the forefront of our upstream operations. These assets are at various stages of development ranging from exploratory fields to mature producing fields with huge potential for positive returns. Asharami Energy seeks to acquire, develop, and optimize oil and gas assets in established and emerging frontiers across Africa.
