Aiteo company Nigeria-Everything you need to know
Aiteo company Nigeria is one of Africa's top energy leaders. It’s
an integrated energy group with a apparent vision for the future and the
experience and possessions necessary to provide oil and gas on a regional and
global scale. Aiteo company aims to discover, produce, store and deliver energy
resources to marketplaces worldwide.
. Aiteo company are working on opportunities to responsibly develop energy resources in some of the world's most significant basins, -the Niger Delta basin in West Africa's offshore fields, and of the Benue Trough.
Aiteo Group is strategically focused on these business areas, with major prospects for immediate revenue growth and market penetration:
- Exploration and production
- Bulk petroleum storage
- Refining of petroleum products
- Trading, marketing and supply
- Power generation and distribution
Each of these areas holds massive potential, with global focus on the future of energy generation, significant oil and gas reserves still to be found throughout Africa, and a large number of alternative revenue streams to be found in the refinement of different petroleum products and derivatives
With a drive towards building a high-quality asset base and significant growth on the horizon, we're well positioned to deliver long-term value for our stakeholders, as well as for our business partners and customers.
The foundation of our growth strategy is the energy and expertise of our employees, who are committed to working with integrity as they engage and build strong links with our stakeholders in order to deliver significant mutual benefits
We're proud of our heritage and the solid reputation of our founders – and of our impeccable track record of safe, reliable and environmentally conscious energy development.
A company that cares
We will always be guided by deeply held commitments to:
- Responsible energy extraction and production
- Helping fuel economic growth and improving quality of life through our activities
- Being a resource for societal good
Aiteo maintains headquarters in Lagos, Nigeria and offices in Abuja, Port Harcourt, Warri, London and Geneva.
Aiteo’s Strategy
This strategy is to be a major part of the world's energy solution by developing our core asset areas – oil, gas, and electrical power – as a strategically balanced and complementary portfolio of opportunities. This multiplicity enables us to meet demand and deliver value through changing commodity cycles and unpredictable national and world events.
Global demand for hydrocarbons is expected to continue to grow as developing countries in Africa, South America and Asia transform their economies, yet the era of low-tech, easy access to conventional oil is drawing to a close. This means Aiteo Nigeria must continuously improve how we produce, daring to look where others have failed to look and taking risks that have never before been taken – using existing energy resources, including those that Aiteo is pursuing, in new ways.
This will require passion for the continent as whole, exceptional financial capabilities, technical expertise, and the capacity to meet high social and environmental expectations
The core principles of Aiteo's business strategy are:
- To sensibly develop a diverse and balancing portfolio of energy assets.
- To explore and expand some of the most important high-risk acreages in the African oil and gas basins.
- To progress expeditiously toward developing new energy projects.
- To employee forward thinking highly skilled employees that can continue making and exploiting technological advancements
In the matter of upstream energy extraction, we are focused on developing high-risk, high-potential oil and gas basins using innovative high-tech methods. We see huge potential in the upstream sector, with oil and gas reserves just waiting to be discovered by innovative companies such as ours.
In the matter of downstream production and supply, we are increasing refining capabilities infrastructure to transform raw materials into usable energy for end-users. We will exploit robust West African and international export opportunities. We are also strengthening our trucking fleet to distribute our products and are planning to build a retail network of gas stations.
In the matter of electrical supply, our strategy is to use gas and oil and coal to generate electricity and market it to Nigeria and other West African countries, helping to bring power to an estimated 7.6 million people in the years ahead -- expanding our market share and increasing revenues.
In the matter of responsibility, our strategy is to be a good environmental steward and contribute to African quality of life.
In the matter of market demand, all our strategies culminate in one purpose – meeting massive growing demand!
Aiteo's Contact
Address: Admiralty forte, Admiralty Way, Lekki Phase I, LekkiHours: C⋅ Opens 8AM Mon
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