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Upstream Operations

Retail Development

Aiteo is a comprehensive, integrated energy supplier. We start at the wellhead, and are engaged in oil exploration and drilling primarily in Nigerian off-shore and on-shore locations. Oil production is then transported and stored at high-capacity depots in our Port Harcourt Storage Depot on Abonema Island and our Apapa Storage Depot in the Apapa area of Lagos.

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AITEO Exploration and Production Ltd

AITEO’s E&P focus is on the development, operation and management of upstream oil and gas assets in Nigeria and the Gulf of Guinea, leveraging present opportunities in Nigeria to maximize asset value.

The Company aims to grow shareholder value by investing in development and production assets onshore and off-shore Nigeria. The investment will provide a combination of early cash flow and the potential to discover substantial hydrocarbon reserves.

AITEO is partnering with global E&P companies to evaluate opportunities and develop these assets.

Engineering and Oilfield Services

Through subsidiary company, Avidor Engineering and Oilfield Services, AITEO provides a full range of oilfield services to the Niger Delta region.