Welcome to WALTERSMITH
Waltersmith Petroman Oil Limited was incorporated in 1996 as a joint venture between Waltersmith and Associates Limited, a Nigerian company and Petroman Oil Limited of Calgary, Canada to operate as an oil exploration and production company. In 2001, Waltersmith Petroman Oil Limited became a wholly owned Nigerian company with the divestment of Petroman Oil Limited.
The company subsequently participated in the Marginal Oil field licensing round for indigenous companies and was awarded the Ibigwe field located in Oil Mining Lease 16 by the Federal Government of Nigeria in 2003.
Vision Statement
To be a world class integrated independent oil and gas company.
Mission Statement
To responsibly develop hydrocarbon resources for the benefit of humanity.
Waltersmith Refinery
Waltersmith will commence the construction of a 5000 bopd refinery in the first quarter of...
See Project
Ibigwe Tank Farm
See Project
Ibigwe Field
See ProjectLatest News & Views
Waltersmith wins bid for Turako Oil Block
Published on July 26, 2016The Ugandan Ministry of Energy and Mineral Development said it received bids from interested investors…
Read More
WEF selects Waltersmith as Global Growth Company
Published on September 10, 2015The World Economic Forum (WEF) has announced the selection of Waltersmith Petroman Oil Limited, a…
Read More
Waltersmith completes phase 2 of drilling campaign.
Published on December 11, 2012The Board and Management of Waltersmith are happy to announce the completion of the second…
Read MoreOur Core Value
Our activities are grounded on the best business practices,
and strong commitment to social and environmental
responsibilities for the benefit of humanity.