Nigerian Petroleum Development Company (‘NPDC’)
In 2010, Seven Energy entered into an alliance agreement with NPDC to provide technical support and development funding for NPDC’s interests in oil mining licences (OMLs) 4, 38 and 41.
Seven Energy has a strategic alliance with Petrofac, the international oil and gas facilities service provider, to assist Seven Energy with the development of its production, processing and pipeline assets. Petrofac is providing experienced personnel to assist with the delivery of Seven Energy’s key projects and is represented on its Board and management committees. The agreement also provides for an arrangement between Petrofac and Seven Energy in relation to co-investment opportunities in Nigeria.
In 2010, Septa Energy acquired a 62.5% shareholding in Universal Energy, the operator of the Stubb Creek field. Sinopec, the Chinese national petroleum company, is Universal Energy's joint venture partner in the Stubb Creek field.
Seven's joint venture partner in Uquo field is Frontier Oil which is an indigenously owned Nigerian E&P company formed in 2001. Frontier was awarded the Uquo Marginal Field in February 2003 by the Department of Petroleum Resources ( DPR) as part of the Federal Government of Nigeria's Marginal Field programme.
Akwa Ibom State
Seven Energy is working with Akwa Ibom State in South East Nigeria, to assist in the creation of a reliable supply of gas for power generation in the region. This gas is required to meet the needs of soaring demand associated with the growth of dependable power production and industrialisation in the region.
The first phase of this regional programme was the construction of a 60km pipeline to supply gas from the Uquo Field to the Akwa Ibom state-owned Ibom Power Plant at Ikot Abasi which was completed in 2011.