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  • 10

    Years Experience in Nigeria’s energy sector

  • 2

    deepwater blocks secured in 2024

  • 0

    Routine Flaring — Full gas reinjection commitment

  • BOE in recoverable reserves

    billion

  • Plateau production forecast (combined development)

    bopd

  • FPSO oil processing capacity (design basis)

    bopd
Our Journey

From Service Roots to Deepwater Operator

A decade of capability-building, culminating in two world-class deepwater licences and a development program designed for responsible growth.

2015 — Foundation

Applefield Oil & Gas Limited incorporated in Nigeria as an oilfield services and logistics provider, focused on drilling support, marine logistics, and environmental management.

2018 — Expanding Expertise:

2020 — Positioning for Growth

Strategic shift towards vertical integration into upstream operations marked the start of Applefield’s E&P ambitions.

2024 — Deepwater Awards

Applefield was awarded PPL 2005 & PPL 3017 in the NUPRC licensing round, establishing a deepwater platform of c.1,887 sq. km.

2025 — Project Preparation

Seismic re-acquisition and development planning initiated, with FEED and technical partner engagements underway.

2026–2028 — Field Development

Execution of exploration & appraisal drilling, subsea and FPSO construction, ESIA and host community programs.

2029 — First Oil Target

Targeted first oil and plateau production at approximately 140,000 bopd across both developments.

Future — Scaling for Africa

Plans to expand operating footprint across Africa’s frontier basins and lead on low-carbon solutions.

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