ONAPS Energy, is a subsidiary company of ONAPS Holdings Ltd, is Headquartered in Nigeria with offices in Washington, DC and Nairobi, Kenya.
ONAPS Energy is focused on creating the platform for increasing the overall productivity of African countries in oil and gas through regional collaboration for increased and sustainable exploration and production, practical operational readiness and assurance measures, and standardized measurement of local content development milestones and achievements.
ONAPS Energy is primarily engaged in the trading of petrochemical, fuel oil, and petroleum products. The company integrates midstream and downstream resources in the oil and petrochemical industries to undertake commodity trading and diverse investment cooperation with the world’s major energy and raw material producing regions to establish a comprehensive energy trading system and industry value chain. Meanwhile, the company strives to integrate the midstream and downstream assets of the oil and gas industry, gradually establishing a complete industrial chain.
ONAPS Energy has entered into strategic partnership with a number of world-renowned energy enterprises, boasts of a professional team as well as a complete and stable trading system across the supply chain. With energy trading as its primary business and together with its involvement in the financial services and investment in the energy industry, the Company strives to grow into a vertically
integrated energy company with global presence and strong competitive advantage.
ONAPS Energy is committed to ensuring the necessary interactions and alliances are fostered across the African continent with enabling political and economic policies to meet global best practices towards unlocking lasting regional development from Africa’s oil and gas reserves.
ONAPS Energy is dedicated to supporting the efforts of African and Foreign Investors and policy makers who welcome these new opportunities and are willing to invest in increased energy access.
Through its strategy to grip the control of the downstream distribution channel in Europe and Africa, the Company aims to become a key participant in those markets. In particular, the Company is backed by its financial strength and collaboration with strategic partners to attain premium resources. The Company also plans to expand its business to America. Altogether, the Company seeks to become a trading company with coverage in major global markets to provide clients with services in processing, logistics, shipping and distribution.
ENERGY FINANCIAL SERVICES
For energy financial services, the Company will be mainly engaged in derivatives trading of energy commodities during the early stage of development, while it will seek to extend to other services including receivables factoring and financial leasing step by step.
INVESTMENT IN ENERGY INDUSTRY
While establishing and developing its global trading system, the Company steps up its investment efforts in the industry, with a focus on the extension of its assets in the mid- and downstream areas, including acquisition of and investment in terminals, distribution channels, logistics and critical storage facilities.
At the same time, the company will evaluate investment opportunities in new energy projects. That will begin with looking into the new energy projects in Republic of Congo, and at a more mature timing evaluate the application of Internet energy projects to promote the energy industry.