Company profile

Famfa Oil Limited

Leading Indigenous Nigerian oil, gas exploration and production company since 1993

Industry
Oil and Gas
Employees
65
Headquarters
Victoria Island, Lagos
Founded
1991
LinkedIn followers
75,593
Office locations
1

Famfa Oil Limited company summary

Famfa Oil Limited is a company in the Oil and Gas industry, headquartered in Victoria Island, Lagos, founded in 1991. On LinkedIn the company has around 65 employees and 75,593 followers. Warmrank detected 23 technologies across 18 categories on famfa.com, including Apache HTTP Server, Contact Form 7, Elementor. Its listed specialties include Gasoline, Crude Oil, Natural Gas, WTI Crude Oil, Brent Crude Oil.

What technology does Famfa Oil Limited use?

Warmrank detected 23 technologies on famfa.com, last checked July 2026. Click any tool to see other companies that use it.

Databases

JavaScript frameworks

Miscellaneous

Page builders

Performance

Programming languages

Security

SSL/TLS certificate authorities

UI frameworks

WordPress plugins

About Famfa Oil Limited

Famfa Oil Limited was incorporated in September 1991. Famfa Oil was awarded the leasehold rights to OPL 216 on August 10, 1993. In February 1996, the name was changed to Famfa Oil Limited with the vision to be the leading indigenous oil and gas exploration and production company in Nigeria. On September 16, 1996, Famfa Oil Ltd entered into a DOA with Star Deep Water Petroleum assigning to them a 40% participating interest in OPL 216. On May 11, 1998, Petroleo Brasileiro (Petrobras) was invited onto the project for a participating interest of 8%, leaving Star Deep with 32% participating interest while Famfa retains her 60% interest. On October 15, 2000, Texaco and all its subsidiaries including Star Deep Water Petroleum agreed to be bought by Chevron, thus making all Texaco subsidiaries affiliates of Chevron. In December 2004, oil prospecting licence OPL 216 was granted a conversion to oil mining licence OML 127. In February 2005, a unitization agreement was signed between licence holders of OPL 216 and OPL 217 where Statoil was the operator with Texaco Nigeria Outer Shelf, Inc and Nigerian National Petroleum Corporation as partners. A unitization agreement became more feasible to limit the cost of production and maximize the amount of recoverable crude oil. The Agbami reservoir is straddled between OPL 216 and OPL 217. Agbami field is operated by Star Deep Water Petroleum Limited, an affiliate of Chevron. Other participants in the Agbami field are Famfa Oil Limited, Nigerian National Petroleum Corporation (NNPC), Texaco Nigeria Outer Shelf, Inc. (a Chevron affiliate), Statoil Nigeria Limited and Petroleo Brasileiro Nigeria Limited. The Agbami field is located 70 miles (112 km) off the coast of Nigeria and the structure spans an area of 45,000 acres (18,200 hectares) and extends from Block OML 127 into Block OML 128 in approximately 4800 ft (1460 m) of water off the central Niger Delta.

Specialties

GasolineCrude OilNatural GasWTI Crude OilBrent Crude Oil

Where is Famfa Oil Limited located?

Famfa Oil Limited lists 1 location.

Victoria Island, Lagos, NGHQ
58A

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Frequently asked questions about Famfa Oil Limited

What does Famfa Oil Limited do?

Famfa Oil Limited was incorporated in September 1991. Famfa Oil was awarded the leasehold rights to OPL 216 on August 10, 1993. In February 1996, the name was changed to Famfa Oil Limited with the vision to be the leading indigenous oil and gas exploration and production company in Nigeria. On September 16, 1996, Famfa Oil Ltd entered into a DOA with Star Deep Water Petroleum assigning to them a 40% participating interest in OPL 216. On May 11, 1998, Petroleo Brasileiro (Petrobras) was invited onto the project for a participating interest of 8%, leaving Star Deep with 32% participating interest while Famfa retains her 60% interest. On October 15, 2000, Texaco and all its subsidiaries including Star Deep Water Petroleum agreed to be bought by Chevron, thus making all Texaco subsidiaries affiliates of Chevron. In December 2004, oil prospecting licence OPL 216 was granted a conversion to oil mining licence OML 127. In February 2005, a unitization agreement was signed between licence holders of OPL 216 and OPL 217 where Statoil was the operator with Texaco Nigeria Outer Shelf, Inc and Nigerian National Petroleum Corporation as partners. A unitization agreement became more feasible to limit the cost of production and maximize the amount of recoverable crude oil. The Agbami reservoir is straddled between OPL 216 and OPL 217. Agbami field is operated by Star Deep Water Petroleum Limited, an affiliate of Chevron. Other participants in the Agbami field are Famfa Oil Limited, Nigerian National Petroleum Corporation (NNPC), Texaco Nigeria Outer Shelf, Inc. (a Chevron affiliate), Statoil Nigeria Limited and Petroleo Brasileiro Nigeria Limited. The Agbami field is located 70 miles (112 km) off the coast of Nigeria and the structure spans an area of 45,000 acres (18,200 hectares) and extends from Block OML 127 into Block OML 128 in approximately 4800 ft (1460 m) of water off the central Niger Delta.

What technology does Famfa Oil Limited use?

Warmrank detected 23 technologies on famfa.com, including Apache HTTP Server, Contact Form 7, Elementor, Font Awesome, GSAP, Google Font API, Google Maps, HSTS.

How many employees does Famfa Oil Limited have?

Famfa Oil Limited has around 65 employees on LinkedIn.

Where is Famfa Oil Limited headquartered?

Famfa Oil Limited is headquartered in Victoria Island, Lagos.

When was Famfa Oil Limited founded?

Famfa Oil Limited was founded in 1991.

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