Prime Oil & Gas
Prime Oil & Gas is a non-operating offshore oil and gas player in Nigeria.
- Acquired, subsidiary of Meren Energy
- Rotterdam, NLNetherlands
Prime Oil & Gas is a non-operating offshore oil and gas player in Nigeria.
primeoilandgas.nlCrawled Oct 28, 2026
Agbami is a subsea development with wells tied back to a floating production, storage and offloading (FPSO) vessel. It has produced more than 1 billion barrels of oil and still counts with significant reserves. The field is located in a water column of 1.500 m.
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PML 2 includes the Akpo condensate field, which has produced over 650 million barrels since 2009 and remains tied to the Akpo FPSO vessel.
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Apply for the job on : Prime Oil & Gas (POG) | LinkedIn
BTG Pactual is the largest investment bank in Latin America and has been operating in the market since 1983, supporting companies, financial institutions, investment funds, governments, and individuals.
Prime provides an anonymous, secure channel for employees and stakeholders to report suspected breaches of ethics, policies, laws, or improper conduct, including retaliation.
Honoured to fuel progress in the Giant of Africa
Latin America’s largest investment bank, BTG Pactual, has become Africa Oil Corp’s largest shareholder through a recent transaction. The deal involved legal counsel from Nigeria, Canada, Sweden, and the UK, facilitating the consolidation of hydrocarbon assets between the two entities.
Mar 2025African Law & BusinessNews article
Africa Oil finalizes the consolidation of all shares in Prime Oil & Gas Coöperatief U.A, integrating the Dutch company’s assets into its operations. The transaction marks a strategic expansion for Africa Oil, combining resources and market reach. The move follows regulatory approvals and aligns with the firm’s growth strategy in the oil and gas sector.
Mar 2025oilnewsafricaNews article
Africa Oil Corp. finalizes its full acquisition of Prime Oil & Gas Coöperatief UA, ending a prior 50-50 joint venture with BTG Pactual Oil & Gas S.a.r.l. The move consolidates operational control under Africa Oil’s ownership. The transaction follows a restructuring process aimed at streamlining the company’s oil and gas assets.
Mar 2025RigzoneNews article
Africa Oil Corp. acquires the remaining 50% stake in Prime Oil & Gas Coöperatief U.A. from Btg Pactual Holding S.A.R.L. The deal, finalized in June, involves a transaction valued at approximately €380 million. This move consolidates Africa Oil Corp.’s full ownership of the Dutch oil and gas cooperative.
Mar 2025MarketScreener (S&P Capital IQ)News article