Oil and Gas

INVESTMENT IN OIL FIELDS

DANGOTE EQUITY ENERGY RESOURCES 
 9 % Investment in Block I in Joint Development Zone ( JDZ ) of Nigeria Sao-Tome along with Chevron Texaco and Exxon Mobil
 10 % Investment in Block III in JDZ of Nigeria along with Anadakko as Operator
 6 % Investment in Block 315 in Nigeria along with Statoil and Petrobas as operators

The Group is a strategic investor in a number of upstream oil and gas projects in Nigeria and is at an advanced stage of project development in the downstream sector. 

The Group has also ventured into power generation (coal), gas exploration and fertiliser production.