Refinery Development
OPR-Refining & Petrochemicals Plc was incorporated as a subsidary of OPR with the purpose of establishing a refinery to process crude oil produced by OPR from its oil and gas concessions into refined petroleum products in a phased steps to maximum licensed 55,000bpd. OPR has invested considerable amount of resources, including equity funding to create significant value and achieve several milestones; including land acquisition, completion of process equipment design, topographical surveys, geotechnical & geological surveys, search and successful drilling of water wells, site civil works including tank construction, which is in progress. OPR having successfully completed the Environmental Impact Assessment (EIA) to proceed with the construction of its refinery.