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Ethically driving energy development and sustainability with world-class expertise.

About Quasands

Quasands Petroleum Limited is a Nigerian independent oil and gas exploration and production company. It stands out with its world-class Board of Directors and Management Team, which boasts over 200 years of combined industry experience across executive roles in multiple jurisdictions. Quasands focuses on delivering top-tier energy development solutions in upstream exploration, development, and production.

Our Vision

To be the most environmentally friendly energy company in Africa.

Our Mission

To be the new face of responsible energy production in Africa by utilizing the best talents, skilled personnel and modern technologies to ethically conduct our business in a manner that benefits all – our shareholders, employees and our Stakeholder Communities.

Our strategic business goals are:
  • To invest in producing or near term (foundational) assets (materially accretive) to generate quick cash flows that will drive the company’s organic growth and deliver real value to stakeholders;
  • Provide Marginal Field awardees in Nigeria with the funding and the technical knowhow they need to take their assets to critical First Oil;
  • Leverage our diverse funding options to assist our Nigerian partners to develop or redevelop extant proven but dormant discoveries;
  • Acquire equity in producing or de-risked assets being divested by the IOCs in Nigeria and the West Africa sub-region and
  • Active participation in exploration activities in Nigeria and West Africa to increase the company’s contingent resources for long term and sustained growth trajectory, is a key part of our strategy.
Quasands combines:

the grit and innovativeness of an independent with the structure and governance fortitude of a major, to create a dynamic, ethically and socially responsible world class energy company. Our initial focus province – Nigeria – has given rise to at least five indigenous companies that became unicorns within five years. We believe that Nigeria’s oil and gas sector can still deliver more unicorns not least with IOCs divestments and the largely undeveloped natural gas reserves. With a highly experienced team led by our Chairman, multiple sources of funding and quality assets, Quasands is primed to be one of the new unicorns that will emerge from Nigeria’s oil industry in the next five years

How Quasands Operate

Health, Safety & Environment

To be the new face of responsible energy exploration and production in Africa by conducting our business in a manner that benefits all Stakeholders. People and the environment are at the center of our operations. Findings from the statutory Environmental Impact Assessment (EIA) on any project provide us with the opportunity to evaluate and manage environmental risks. Stakeholders’ concerns and views are seriously considered in the initiation of any mitigating measures regarding any identified risks from the project.

Social & Human Rights

Quasands subscribes to the United Nations Declaration of Human Rights (UDHR) 1948. The company holds dear the principles enshrined in the UDHR and strives to uphold them within its sphere of influence.

Governance

Strict compliance with extant laws of all countries where we operate and building and ensuring an inclusive work environment for our workers, contractors and other stakeholders are part of the guiding principles of our code of business conduct.

Stakeholders

Quasands has adopted a Corporate Social Responsibility (CSR) policy that is hinged on transparent engagement with our Stakeholder Communities. We create value by achieving returns that meet or exceed the expectations of investors.

Climate Change

Create robust synergies with other energy players to develop cutting-edge technology to enhance our leadership and competitiveness in the area of green energy in line with our net zero ambitions.