By Moses Patience Chat
Atlas Oranto, Nigeria’s largest privately-owned and Africa-focused exploration and production company, has joined the African Energy Week (AEW) conference scheduled for October 16–20 in Cape Town, as a diamond sponsor.
With an extensive presence across the African continent and a total of 22 oil and gas licenses in 12 jurisdictions, Atlas Oranto is at the forefront of the African petroleum sector, and will drive the discussion around sustainable investments during the conference this October.
This was revealed by the Executive Chairman of the African Energy Chamber(AEC), NJ Ayuk, who added that “As a prominent player in Africa’s energy sector, Atlas Oranto’s unwavering commitment to the continent’s energy security, sustainability and local content development has left a lasting impact.
Ayuk added that their strategic approach to responsible exploration practices and their strong partnerships with African nations exemplify the critical role private companies can play in shaping a more sustainable and prosperous energy landscape in Africa.
“As the continent continues to strive for energy independence and self-reliance, companies like Atlas Oranto serve as catalysts for change, championing innovation and contributing significantly to the socioeconomic development of Africa,” he added.
Atlas Oranto producing assets currently produce 18,000 barrels of oil per day, and the group anticipates this figure to significantly increase due to already scheduled development drilling. The exploration upside of its portfolio offers billion-barrel drill-ready prospects across many licenses, providing tremendous potential for future growth.
Across the continent, the company is committed to sustainability investing in oil and gas, utilizing its expertise and innovation to deliver successful projects that prioritize environmental sustainability.Atlas Oranto will participate in this year’s edition of African Energy Week as a diamond sponsor, demonstrating its commitment to African energy security and sustainability.
In Equatorial Guinea, Atlas Oranto has identified Block H as highly prospective after completing Phase 1 of the Production Sharing Contract (PSC). The group seeks a partner to undertake drilling activities and explore the highly promising Aleta prospect. While in South Sudan, the group holds exploration rights for Block B3 through a six-year exploration contract awarded in 2017.
The Company is actively carrying out new data acquisition and technical studies in this region. Moreover, Atlas Oranto entered the São Tomé and Principe/Nigeria Joint Development Zone in 2012 through Block 5, further strengthening its presence in the region. In Uganda, the Ngassa project, awarded in 2017, holds significant potential, and the company envisions utilizing specialized drilling rigs for exploration in Lake Albert.
As the continent continues to strive for energy independence and self-reliance, companies like Atlas Oranto serve as catalysts for change.
