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.
To be a world class integrated independent oil and gas company.
To responsibly develop hydrocarbon resources for the benefit of humanity.
Latest News & Views
Waltersmith has performed the ground-breaking ceremony of its 5,000 bopd refinery at Ibigwe Field, Imo…Read More
Waltersmith has executed a $35m debt facility with the Africa Finance Corporation to finance its…Read More
Investment of $10M equity in modular refinery – Waltersmith executes shareholder agreement with the Nigerian Content Developement and Monitoring BoardPublished on June 4, 2018
Waltersmith has executed a Shareholder Agreement with NCDMB for the investment of $10m (Ten Million…Read More
Our Core Value
Our activities are grounded on the best business practices,
and strong commitment to social and environmental
responsibilities for the benefit of humanity.