Founded in 1999, Aiteo has solidified its position as Africa’s largest privately-owned integrated energy company, playing a pivotal role in the region’s …
Aiteo
-
-
The field, which produces nearly 50,000 barrels per day (bpd), had been temporarily shut down following the incident reported last week.
-
This revelation follows the recent collaboration between Nigeria’s state-owned Nigerian National Petroleum Corporation (NNPC) and Aiteo Eastern E&P Company.
-
Aiteo, Africa’s leading oil independent, which is owned by Peters, is now operator of the prolific Mazenga gas block in Mozambique.
- West & Central Africa
Led by pan-African billionaire Benedict Peters, Aiteo launches new premium crude oil grade to global market
The new premium crude oil grade was unveiled at the ongoing Argus European Crude Conference.
-
Peters made headlines in 2019 when he embarked on a platinum mining venture in Zimbabwe.
- Hot News
Nigerian billionaire Benedict Peters’ Aiteo reports ‘extremely high order’ leak from oil facility
The oil spill affected its Santa Barbara Oil Field, which forms part of its OML-29 oil block.