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Sterling Oil Exploration & Energy Production Co. Limited
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  • Indian Oil Corporation Ltd (IOC), India’s largest public-sector oil refiner, has purchased one million barrels of crude from SEEPCO’s Nigerian fields, top officials said. This is for the first time that an Indian public sector company has purchased Okwuibome crude oil from Nigerian fields owned by Indian corporate Sandesara Group.
  • SEEPCO has been producing Okwuibome grade of crude oil since 2011. Okwuibome crude is an established crude oil grade, which is popular amongst American and European and Asian refineries because of its low sulfur and sweet crude quality.
  • SEEPCO has oil acreage of more than 2000 square miles in Niger Delta, considered to be one of the most oil prolific zones. The company has more than 250 million barrels of certified oil reserves and 1 trillion cubic feet (tcf) of natural gas reserves at the field.
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