About Us
Company Profile
Sterling Oil Exploration and Energy Production Company (SEEPCO), established in 2003 and headquartered in Lagos, Nigeria, is one of the fastest-growing oil exploration and production companies in Africa. With operations in multiple countries and expanding, SEEPCO has built a strong and diversified global presence. It is the only Indian-origin company producing in an OPEC (Organisation of the Petroleum Exporting Countries) nation and the largest independent company in Nigeria. The group’s substantial valuation itself is a testimonial for its contribution to Nigeria’s economy with an addition of over 2.5% to federal revenue. With over 20 years of experience in upstream and downstream operations, SEEPCO remains committed to growth, innovation, and excellence in the energy sector.
SEEPCO is dedicated to being a socially responsible enterprise, proud of its sustainable businesses that contribute to national development, respect for communities, and creating value for all stakeholders. The company is committed to corporate social responsibility (CSR) and community advancement, supporting education, healthcare, women’s empowerment, and environmental sustainability through community projects and partnerships with NGOs.
This intent has enabled SEEPCO to become the most rapidly expanding indigenous company in the oil and gas industry. The company will continue supporting Nigeria’s economic growth, the creation of local jobs, and energy sector security by investing in local content development, skills acquisition programmes, and community elevation initiatives that improve quality of life.
SEEPCO’s sustainability vision is embedded in action—cutting carbon emissions with CNG and electric fleets, safeguarding waterways with double-hull barges, and driving waste reduction through recycling and afforestation. By transforming operations and investing in eco-friendly solutions, the company is not just minimising its footprint but reshaping the future of energy with stewardship and foresight.
At Sterling Oil, success is defined not just by business growth but by the positive change it brings. For SEEPCO, true success means making a lasting impact. Our commitment to environmental sustainability goes beyond compliance; it is our responsibility to drive measurable results and shape a cleaner future. For us, progress and going green go hand in hand.
Our Exploration Journey
Sterling Oil Exploration & Energy Production Company Ltd. (SEEPCO) is an indigenous company that ventured into Exploration and Production (E&P) business in the year 2005 bid round held by Department of Petroleum Resources (DPR) and was successful with license OML 143 (formerly OPL 280).
SEEPCO was able to reach its first oil within two years of signing the Production Sharing Contract (PSC) in record time. This makes SEEPCO one of the few producing companies out of 77 successful bidders that signed the PSC in Nigeria during 2005 bid round.
SEEPCO has been producing Okwuibome (OKW) Blend of crude oil since 2011.
Okwuibome Blend is an established grade of crude oil recognised by Nigerian National Petroleum Corporation (NNPC). OKW Blend is sought after by refineries in North America, Europe, Asia, South Africa and Australia owing to its low sulfur sweet crude quality.
