Our Business

As a broad energy company present across several segments of the oil and gas value chain, we aim to provide hydrocarbons that are more affordable, more reliable, cleaner and accessible to as many people as possible. In an industry with an ever-growing number of constraints, we are harnessing our expertise and innovation capabilities to prepare the future of energy for our planet.


PPL 257

PPL 257 contains the Utine field which has proven oil and gas reserves. IE has has identified significant upside within the discovery and also delineated material prospects within the license area.


Explore and Produce


Island Energy holds an interest in Petroleum Prospecting Lease [PPL] 257 located in the Southeastern offshore Niger Delta. This highly prolific part of the basin holds several billion barrels of proven oil and continues to deliver exceptional discoveries.


Nigeria has over 200 Trillion cubic feet of gas reserves. Natural gas plays a key part in our strategy to be active in the transformation of the African energy space. It is the lowest-carbon hydrocarbon, it is also odourless, colourless and non-toxic. It is a key transition energy thanks to its flexibility and capacity for responding to the strong growth in demand and because it releases half the greenhouse gas emissions of coal in power generation. It allows for the ramp up of renewables and provides sustainable fuels in the mobility sector (natural gas for vehicles, marine LNG, etc.).


Every day, billions of companies and individuals use oil and gas to commute, work, heat homes and offices and perform many other activities. We buy and sell this oil and gas and our teams work to maximize the value of our products while managing the related financial and logistical risks.