ADM Energy has a strategic alliance with Trafigura
Nigeria’s ADM eyes further upstream acquisitions
Nigerian independent ADM Energy is seeking more West African assets to further its recent growth
“We remain in the market for new opportunities to accelerate our growth...it remains a buyer’s market”, ADM Energy’s CEO Osamede Okhomina says, while also specifying “high quality assets in West Africa with substantial upside.” The firm “is in a strong position to de-risk projects through our technical expertise and access to capital,” he adds. Earlier this year the company acquired a controlling interest in a Risk Sharing Agreement (RSA) for the Barracuda field (OML-141), an existing discovery which covers a large area of the Niger Delta. ADM has commissioned an on-going technical survey. ADM also still has a strategic alliance in place with trading firm Trafigura. Their agreement was exten
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
