Empire Fuel Industries limited Upstream division is one of Africa's leading independent E & P players with a diverse portfolio of nine (9) oil and gas assets in prolific basins across Africa. Asharami Energy Limited. And Empire Fuel Industries's Field Holdings UK Limited are the entities at the forefront of our upstream operations. These assets are at various stages of development ranging from exploratory fields to mature producing fields with huge potential for positive returns. The company currently has a capacity to produce at least 10,000 bopd with plans to boost production to at least 100,000 bopd over the next five (6) years.

Our vision is to “Become the pre-eminent exploration & production company operating in the world. Our E &P activities are driven by an unflinching commitment to safety and environmental sustainability. We have an expanding upstream presence that continues to grow through strategic acquisitions. The business focuses on acquisitions by taking advantage of the existing windows of opportunity to build a portfolio of assets that are ultimately developed for optimized performance.

From a consolidated standpoint, the upstream businesses have demonstrated a solid track record of operational delivery, converting 2C resources to 2P reserves. Our team comprises highly experienced asset managers and experts with many years of industry experience managing various projects around the world.

The broad strategy of the group’s upstream business hinges on three major areas which are:

With over 15 years of experience, Empire Fuel Industries Limited downstream expertise covers product procurement, bulk sales, and distribution of petroleum products across the globe. The business has storage terminals across Africa, the Middle East, and Europe with a combined capacity of over a 300million liters for a range of refined petroleum products. Recently, the Group expanded operations in the Middle East with a focus to enhance the availability of refined products around the region.