Company Profile

About Us

Addax Petroleum is an international oil and gas exploration and production company focused on Africa and the Middle East. The Company has a high quality asset base consisting of a number of producing properties in Nigeria and Gabon, and exploration and development properties and new venture opportunities in West Africa and the Kurdistan Region of Iraq.

Since August 2009, Addax Petroleum is a subsidiary of China Petrochemical Corporation (Sinopec Group), one of the largest oil and gas producers in China, the biggest oil refiner in Asia, and the third largest worldwide.

The Company’s growth was achieved by acquiring underdeveloped properties in established basins and has increased its production by utilizing advanced and proven technologies. Its demonstrated operational and technical expertise, combined with its reputation and strong community relationships throughout Africa and the Middle East make Addax Petroleum well positioned to continue to grow its reserves and production.

As at December 31, 2008, Addax Petroleum had 864 employees, of whom 326 were in Nigeria.