Company Business Strategy
People, people, & people who:
1. are passionate about what they do,
2. desire to learn and apply new technologies,
3. are willing to transfer knowledge and capability,
4. tackle challenges, and deliver value – Effective and Efficient.
Syncoil Business strategy
Our business strategy is a three-pronged approach - Acquisition, Development and Production of oil and gas.
Acquisition, Development and Production
Syncoil seeks to obtain oil and gas assets through acquisition of marginal fields prevalent amongst the Nigerian oil reserves. We have a short term plan to partner with the owners of unproduced or undeveloped marginal fields with a view to develop these fields and in the process enhance our portfolio and capability with respect to oil production.
We anticipate acquiring, developing, and producing oil and gas in the onshore/offshore areas of the Niger Delta region of Nigeria. Syncoil has in-house technical and commercial expertise, freelance consultants and resources to evaluate and close deals quickly.
Syncoil employs an innovative approach in our processes. Our “marginal fields’ financial model” will radicalise the oil and gas industry in Nigeria by introducing a novel, unique and achievable alternative investment structure/system or method. This approach will ensure that one of the critical issues bedevilling the transformation of marginal fields to produced assets, (funding), becomes history in Nigeria. The approach is a tested, proven and patented methodology and it is our trademark. With this approach, fields with proven/probable reserves will be developed to production assets in record time.
