Atlantic Energy is a private upstream oil and gas company founded by Nigerian and international Exploration & Production executives with an extensive track record, market-leading insight and experience in the Nigerian independent E&P sector. We currently operate only in Nigeria and are dedicated to our partners and communities through our Enduring Commitment sustainability program. Atlantic Energy is currently a significant partner in multiple Oil fields in Nigeria.
Our partners include Nigerian Petroleum Development Company (NPDC), Nigerian independent oil & gas companies, as well as international independent oil and gas companies.
Our Enduring Commitment sustainability program starts with the communities in which we operate, but also uniquely incorporates the funding of feasibility studies into compelling business plans throughout Africa.
Frequently Asked Questions Regarding Atlantic Energy’s Business Model.
1. What is a Strategic Alliance Agreement (SAA)?
SAA is an agreement for cooperation among two or more independent firms to work together toward common objectives. Unlike in a joint venture,
firms in a strategic alliance do not form a new entity to further their aims but collaborate while remaining apart and distinct.
The SAA model provides the framework under a company would provide funding and technical services to NPDC for the development of both the oil and gas reserves
in its licenses without conferring ownership of any interest on the company.
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Our team of top managerial, technical, professional, and field level staff thrives on excellence and commitment to our values.
We strive always to be the upstream E&P employer of choice in Nigeria with a superior work environment, international HSSE standards, and attractive compensation.READ MORE