News & Events
Waltersmith aquires oil & gas block EG-23 in Equatorial Guinea
Following a competitive bidding process in Equatorial Guinea’s 2019 licensing round (EGRONDA 2019), Waltersmith Petroman Oil Limited (“...
Waltersmith performs ground breaking ceremony of 5,000 BOPD modular refinery
Waltersmith has performed the ground-breaking ceremony of its 5,000 bopd refinery at Ibigwe Field, Imo State. Having executed the EPC a...
Waltersmith Executes $35M debt facility agreement with the Africa Finance Corporation
Waltersmith has executed a $35m debt facility with the Africa Finance Corporation to finance its 5, 000 bopd refinery. The ceremony too...
Investment of $10M equity in modular refinery – Waltersmith executes shareholder agreement with the Nigerian Content Developement and Monitoring Board
Waltersmith has executed a Shareholder Agreement with NCDMB for the investment of $10m (Ten Million Dollars Only) as Equity Investment ...
5,000 BOPD Refinery project- Waltersmith executes Engineering, Procurement and Construction (EPC) agreement with Velem
Waltersmith today executed the EPC agreement for its proposed 5,000 bopd refinery with VELEM, a consortium of US based company, VFUELS ...
FEC Approves National Gas Policy
The Nigerian Government, Wednesday 29th July 2017, approved the new National Gas Policy that is aimed at improving the Nigeria’s gas fo...