Orient Petroleum Resources Plc

Orient Petroleum Resources Plc (OPR) was one of the 18 successful private companies, out of 65 applicants, that were granted the License to Establish refineries in Nigeria in May 2002. In February 2004, OPR became the first Nigerian company to obtain an Authority to Construct license from the Federal Government of Nigeria (FGN) to construct a private petroleum refinery in Nigeria. OPR was also granted two petroleum prospecting license blocks by the FGN, to provide a dependable source of crude oil feedstock to the Orient Refinery and thus provide long-term security for the investment in the refinery. OPR has four (4) subsidiaries including;

  • (i)   OPR-Refining & Petrochemicals Plc, 
  • (ii)  OPR-E&P Company Limited, 
  • (iii) OPR-Gas & Power Company Limited and 
  • (iv) OPR-Infrastructure and Services Company Limited

OPR embarked on the development of oil and gas production from its oil blocks to secure feedstock for its refinery. OPR has executed extensive 3D seismic data acquisition covering 640 sq. km in both OPLs 915 & 916 oil blocks, known to contain at least five hydrocarbon bearing fields and completed interpretation of 221 sq.km, re-entered existing ANAR-1 well in OPL 915 and commenced production testing and presently re-entering ALO-1 well in OPL 916. OPR is currently drilling two (2) new wells (ANAR-4 and ANAR-5) in OPL 915, has constructed over 24 km of 6-inch flowlines, procured linepipes for 45 km bulk lines between the oil fields and refinery site at Nsugbe-Umuleri and established a 5000 bbls/day Early Production Facility (EPF) at Aguleri-Otu for processing well fluids. OPR is also constructing the first of 3 Nos x 30,000 m3 (180,000 bbls capacity) floating roof crude storage tank at the refinery site and has deployed 5 x 1000 MT barges for shuttling produced crude oil from EPF at Aguleri-Otu to the refinery site, 2 x 5000 MT barges for temporary storage of produced crude oil prior marine evacuation to OPR’s 30,000 MT (180,000 bbls capacity) Floating, Storage and Off-Loading (FSO) vessel moored at Ibeto jetty, Port Harcourt.

OPR short term targets include realizing a production level from new wells of 3000 bbls/day by end year and 10,000 bbls/day by mid 2016, continuation of 3D seismic data acquisition and processing, carrying out sub-surface geological and geophysical studies, and continued development of wells and field infrastructure to meet these target production.

OPR plans to also harness its gas resources to generate additional income stream for the company through production and sales of dry gas for CNG and LNG production, after extraction of LPG and NGLs, in the first instance. It is planned to execute the initial phase of the oil & gas fields’ development simultaneously with the construction and commissioning of the phase one refinery.

Board and Management

Chief Anyaoku was Secretary- General of the Commonwealth from 1990 to 2000. Before becoming the Commonwealth Secretary-General, he had worked with the Commonwealth Development Corporation (1959 to 1962); the Nigerian Diplomatic Service (1962 to 1966) including three years as a member of Nigeria's Permanent delegation to the United Nations in New York; and from 1966 to 1989 in the Commonwealth Secretariat, London, where he had been elected as Deputy Secretary-General in 1978. He also served briefly as Nigeria’s Foreign Minister in 1983 before the military coup d’état in the country at the end of that year.

He is the Chairman of the Presidential Advisory Council on International Affairs in Nigeria; President of the Royal Commonwealth Society with headquarters in London; President of the Royal Africa Society with headquarters in London; past International President of the World Wide Fund for Nature with headquarters in Switzerland and operations in over 100 countries.

He was educated at University College, Ibadan, where he studied Classics, graduating with a London University honours degree as a college scholar, in 1959

Dr.Ekwueme was elected as the Vice President, Federal Republic of Nigeria in 1979. Prior to this, Dr.Ekwueme had worked with various Architectural firms in the USA, worked with Standard Oil to oversee Esso’s construction in Nigeria and founded Ekwueme Associates – Architects and Town Planners. In the public sector in Nigeria, Dr Ekwueme has served as Chairman, All Politicians Summit, 1995, Founder and Chairman, Institute of Civil Society, 1996, Chairman, G-34, Pioneer Chairman of the ruling party, the People’s Democratic Party (PDP), Chairman, PDP Board of Trustees, Chancellor, University of Ado-Ekiti, Representative of Orumba North and South at the National Constitutional Conference 1994/95. He belongs to many International Non-Governmental Organisations (NGOs).

A renowned philanthropist, Dr Ekwueme is a Rotarian and founder of The Ekwueme Memorial Educational Trust Fund which has sponsored over 5,000 students in local and foreign universities He was educated at Kings College, Lagos and the Universities of Washington, London, Strathclyde in Glasgow, Nigeria at Nsukka, and Abia State at Uturu respectively, where he obtained Bachelor’s degrees in Sociology, Architecture, History, Philosophy and Constitutional Law, Master’s degrees in Urban Planning and Law (LLM) and a doctorate degree (PhD).

Dr Ibeto has over 35 years’ experience in business management and entrepreneurship. He is the Chairman and Chief Executive Officer of The Ibeto Group, a company he founded over 40 years ago. He was honoured by the FGN with Officer of the Order of the Niger [OON] and Commander of the Order of the Niger [CON]; and by the University of Nigeria with a Doctor of Business Administration, DBA (HonorisCausa).

Dr.Ibeto served as President, Nnewi Chamber of Commerce, Industry, Mines and Agriculture from 1994 to 1998. In January 1997 the Anambra State Government accorded him State Honour in recognition of his contributions towards the development of the State and on July 8, 2000 he received the prestigious Gold Service Award of the Rotary Club of Enugu, Rotary International District 9140. He is an acknowledged industrialist globally and currently sits on the Board of many reputable institutions and organizations in Nigeria. He was appointed Chairman of the board of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in 2005 by the FGN.

Engr. Okoye has over 25 years’ experience in Nigerian oil and gas, and is an alumnus of the SPDC. He gained valuable experience working in the Oil & Gas industry as Area Chief Engineer, Northern Swamp Area, Head Front-end Engineering, Head of Safety Engineering, Head, Oil & Gas Facilities Design, Oil & Gas Facilities Construction, Standards Engineering and Pipelines Design and Construction. He also worked as Technical Safety Auditor in Shell International Petroleum, Maatshapiij, The Hague.

He is currently the Chairman of Bek-Sonnic Investments Limited, a property and estate development company currently managing assets valued over five hundred million naira and Chairman/Co-founder of Microchip Technologies Limited, an Internet Service Provider/communications company pioneering provision of internet connectivity and web-based applications in Warri, Delta State, Nigeria. Engr. Okoye is a member of the Nigerian Society of Engineers (NSE) and a member of the Council of Registered Engineers of Nigeria (COREN).

He was educated at the University of Nigeria, Nsukka, where he studied Mechanical Engineering (1980).

Engr. Akuezumba has over 16 years’ experience in oil & gas facilities engineering, supply chain and business management. He rose through the ranks of SPDC to become Head of Forcados Terminal Engineering. He also served as a Director on the board of Shell Staff Cooperative Society – West, a vast business entity with over NGN3 billion worth of assets between 2001 and 2004.

Before joining SPDC, he had worked briefly with the World Bank on the Greater Onitsha Water Scheme Project as a trainee engineer in 1984, completed the National Youth Service Corps scheme in 1987 attached to a road construction company – Elsan Nig. Ltd, as a site supervisory engineer. He had also practiced as a consulting construction engineer in private practice during which he designed and constructed a 60-ton weighbridge for RIMCO Nig. Ltd, the makers of Life Vegetable Oil.

He currently runs a private company specialized in extraction, treatment and sales of potable water in Onitsha, Anambra State and its environs and is a member of Nigerian Society of Engineers, (NSE) and a member of the Council of Registered Engineers of Nigeria, (COREN). He was educated at the Anambra State University of Technology, where he studied Civil Engineering (1986).