What does APCL mean in COMPANIES & FIRMS
APCL stands for African Petroleum Corporation Limited, a company that is involved in the exploration, development and production of oil and gas resources. It is a publicly listed company on the Nigerian Stock Exchange (NSE) and is headquartered in Lagos, Nigeria. APCL has been involved in oil and gas exploration activities since its inception in 1959 and is now one of the largest petroleum companies in Africa. The company operates across three business segments – exploration, production and marketing. APCL also provides technical services to third parties such as drilling, well completion, workovers, logging and production operations for oil & gas fields.
APCL meaning in Companies & Firms in Business
APCL mostly used in an acronym Companies & Firms in Category Business that means African Petroleum Corp Ltd
Shorthand: APCL,
Full Form: African Petroleum Corp Ltd
For more information of "African Petroleum Corp Ltd", see the section below.
Overview
African Petroleum Corporation Limited (APCL) was founded in 1959 as an entrepreneurial venture aimed at exploring for and developing offshore oilfields in Nigeria. Since then, the company has grown to become one of Africa’s major independent exploration and production companies with operations covering various parts of Nigeria’s continental shelf including shallow water assets off the coast of Angola as well as deepwater assets off the coast of Ghana. The company is listed on the Nigerian Stock Exchange (NSE), having achieved that milestone in 2003 after an Initial Public Offering (IPO).
Business Segments
APCL operates through three business segments – exploration, production, and marketing. In terms of exploration activities, APCL engages in both onshore/swamp & shallow water areas while there are currently two fields under its operation – Mauretania field located off the coast of Angola & Penelope field located off the coast of Ghana. For this purpose it relies heavily on its own proprietary seismic data coupled with external data acquired from other industry sources. Production activities involve optimising reserves through efficient output handling & maximising-well productivity by dynamic/static reservoir modelling & implementation of improved reservoir recovery techniques that adhere to best practices from both operational & safety perspectives while Marketing activities are mainly conducted through direct sales or engaging with customers either directly or through third party distributors depending upon customers' preference..
Essential Questions and Answers on African Petroleum Corp Ltd in "BUSINESS»FIRMS"
What services does African Petroleum Corp Ltd offer?
African Petroleum Corp Ltd (APCL) specializes in oil and gas exploration, production, marketing, and other related services. Additionally, APCL has expertise in the development of sustainable energy solutions for its customers. We provide comprehensive services for asset management, drilling operations support, logistics optimization, power generation and storage systems, and joint venture activities.
How long has African Petroleum Corp Ltd been in business?
African Petroleum Corp Ltd has been providing oil and gas exploration and production services to our customers since 1993. In that time we have built an extensive portfolio of successful projects both onshore and offshore of Africa’s coastlines.
Does African Petroleum Corps Ltd offer renewable energy solutions?
Yes, APCL offers renewable energy solutions which are tailored to meet the customer's specific needs. Our range of technologies include solar PV systems, wind turbines, combined heat & power (CHP) systems and battery storage technologies. We also offer energy management solutions that allow customers to monitor real-time consumption levels and optimize their energy usage.
Does APCL operate in multiple countries?
Yes, APCL operates across several countries within Africa including Angola, Liberia, Mauritius and Ghana. We also operate internationally with offices located in the UK as well as a presence in Europe which provides us with access to key markets worldwide.
What kind of products does APCL sell?
APCL sells a variety of products ranging from oil & gas exploration equipment and supplies to a wide selection of marine fuels such as distillate fuel oil (DFO) and residual fuel oil (RFO). Additionally we offer natural gas liquids (NGLs), diesel fuel oils (DFO), lubricants, additives & gels used for maintenance purposes along with a large selection of other chemicals used in the oil & gas industry such as corrosion inhibitors..
Can APCL provide additional support such as technical consultation or personnel recruitment?
Yes we can provide technical consultation related to projects development or personnel requirements such as recruitment process or training courses upon request.
Is APCL working towards developing new technology related to the Energy industry?
Absolutely! At APCL we are constantly researching new ways to improve our processes while staying ahead of industry trends in order to better serve our customers today while helping them plan ahead for tomorrow's changing energy landscape.
What safety measures does African Petroleum Corps Ltd take when operating its assets?
The safety of our employees is APCL’s top priority at all times! To ensure safe client operations we employ comprehensive health & safety policies such as Hazard Identification & Analysis processes that require all personnel involved on site to use personal protective equipment (PPE). Furthermore all activities are subject to ongoing surveillance audits conducted by independent third parties.
Does APCL explore opportunities for joint ventures with other companies?
Yes it does! We invite potential partners from around the world who share similar values with us when it comes to delivering quality service for our clients while forming mutually beneficial business relationships.
Final Words:
African Petroleum Corporation Limited (APCL) is a leading player in Africa's energy industry specialised in oil and gas exploration and production operations across different parts of Nigeria's continental shelf such as shallow water assets off Angola's shoreline as well as deepwater assets off the Coast of Ghana. The Company offers diversified services across Exploration, Production & Marketing aspects making it one-stop shop for all kind of energy needs thereby creating value for all stakeholders related to it while upholding global safety standards.
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