West African Exploration and Production Company Limited (WAEP) is an indigenous Nigerian oil and gas company incorporated in 2014. It operates as a strategic partnership between Dangote Exploration Assets Limited (80%), Dansa Energy Resources Limited (5%), and First Exploration and Petroleum Development Company Limited (15%).
WAEP holds a 45% working interest in Oil Mining Leases (OML) 71 and 72, which it acquired in 2015. The company serves as the operator for these blocks on behalf of a joint venture with the Nigerian National Petroleum Company (NNPC). The assets are located in the Eastern Offshore Structural province of the Niger Delta, south of Bonny Island. OML 72 contains seven discovered fields, including Kalaekule, while OML 71 has two main fields. The company focuses on hydrocarbon recovery and gas development, with operations involving surface and subsurface activities to restore and expand production.
WAEP’s operational head office is located in Victoria Island, Lagos. The company hires for roles in engineering, project management, and gas infrastructure, requiring professionals with experience in oil and gas facilities, pipeline development, and regulatory compliance.
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