Our integrated value chain business model approach focuses on crude production, gas monetization and crude refining on small scale through modular refinery.
- Prospect, Explore, Appraise, Develop and Produce Crude Oil from Marginal Fields
- Refine and Transport Crude Oil for domestic consumption
- Process Natural Gas to extract Liquids/LPG
- Market Crude Oil, crude Oil products, Natural Gas Liquids/LPG and other Petroleum Products
Exploration & Production
We identify, acquire and explore high quality prospects with potential for producible oil and gas reserves. Platinum Hydrocarbon Resources Limited will support nation’s production by targeting marginal fields in the Niger Delta with the objective of increasing production capacity through accelerated development of discovered reserves.
Platinum Hydrocarbon Resources will process crude oil received from the feedstock into refined petroleum products in a phased steps to maximize initial start-off license of 5,000 bopd. PHR has ensured that the refinery feedstock supply is from the nearby oil fields (SEPLAT). PHR will be using hydro skimming technology making the operation simple and cost effective to maintain. The modular installation is very fast and has potential for future expansion to 10,000 bopd.
Platinum Hydrocarbon Resources is involved in integrated gas business of Processing, Liquefaction and Transmission. Our strategic long term business objective is to contribute to Nigeria’s power generation and utilities. We also focus on marketing & trading and Liquefied Natural Gas (LNG) shipping and regasification.