Subsidiaries
With the divestment of the Federal Government's shares in African Petroleum Plc in the year 2000, the company was restructured and diversified into the midstream, real estate and the West African sub-region through the incorporation of three new subsidiaries in succession:
1. AP OIL FIELD SERVICES LIMITED
AP Oil Field Services Limited {APOS} specializes in supply of Well Production Chemicals and Drilling/Completion Fluids to the Upstream Sector of the Oil and Gas industry.
AP Oil Field Services is an evidence of success in AP’s diversification bid, whose full benefits shall be reaped through a sustained tempo of aggressive marketing and the proper nurturing of current and new relationships. Link: www.apoilfields.com, Email: apos@apoilfields.com
2. AP PROPERTIES NIGERIA LIMITED
The Real Estate Department was restructured and a subsidiary company, AP Properties Nigeria Limited was incorporated. The company is charged with the responsibility of:
- Fully exploiting the potentials of the deregulated real estate sector in Nigeria
- Adequately responding to the real estate market challenges and opportunities
- And growing to become a major player in the industry, while being profitable.
3. AP OIL & GAS GHANA LIMITED
AP Oil and Gas Ghana Limited (APOG) commenced operations in July 2008 with a single outlet and a few industrial customers in its pursuit of the African dream of a transnational oil company and the integration of regional businesses.
Today, APOG has grown to a viable energy company with its head office within the Accra Business District and a network of 8 retail outlets.
Forte Oil’s quality lubricants are also fast becoming the toast of Ghanaian motorists. AP Ghana has therefore put in place lube blending arrangement with the Tema Lube Oil Company to sustain constant supply of Forte Oil quality engine oils to the Ghanaian market.
