Cape Town: Invest in African Energies is proud to announce that Seyi Oladapo, Group CFO of Pan Ocean and the Newcross Companies, will be joining the continent’s premier energy event in Cape Town. His participation brings one of Nigeria’s most strategically positioned private energy players to the forefront of conversations on upstream growth, local capacity building, and unlocking new investment across Africa’s hydrocarbon value chain.
According to African Press Organization, Pan Ocean and Newcross exemplify how indigenous private leadership can deliver meaningful growth and infrastructure value in Nigeria’s energy sector. As one of Nigeria’s most established oil companies, Pan Ocean is accelerating its growth by deploying advanced technologies such as aerial drones and ultrasonic meters to enhance asset security, pursuing an ambitious well-drilling campaign, and supporting Nigeria’s goal to reach 2 million barrels per day by 2025, while working to eliminate gas flaring by 2030.
Pan Ocean and Newcross recently held a high-level meeting with NNPC leadership, underscoring their commitment to aligning with national strategic priorities and strengthening partnerships across the oil and gas exploration and production sectors.