Who We Are
OPTS is an acronym for Oil Producers Trade Section. The OPTS is a sub group within the LCCI which is the umbrella association of businesses who have come together in order to promote their common interests. The group membership includes both local and foreign-owned companies registered in Nigeria who hold an Oil Prospecting License or an Oil Mining License.
OPTS has two categories of membership – Associate Membership and Producer Membership. For both categories, membership is voluntary.The group came into existence in August 1962 with just 3 members, and Mr. D. Fleming of then Shell BP as Chairman.
OPTS currently has 30 member companies. They are Addax Petroleum Development Nig. Ltd, Amni International Petroleum Development Company Limited, Chevron Nigeria Ltd, Dubri Oil Company Ltd, Elcrest Exploration & Production Nigeria, Energia Limited, ENI/ Nigeria Agip Oil Company (NAOC) Ltd, Equinor (formerly Statoil Nigeria Ltd), Eroton Exploration & Production Co. Ltd, First Exploration & Production Development Co. Ltd, Lekoil Nigeria Ltd, Midwestern Oil & Gas PLC, Moni Pulo Nigeria Ltd, ND Western Ltd, Niger Delta Petroleum Resources Ltd, Nexen Petroleum Nigeria Ltd, Newcross Exploration & Production Ltd, Oando Exploration & Production Ltd, Oriental Energy Resources Ltd, Pan Ocean Oil Corporation (Nig.) Ltd, Prime 127 Nigeria Limited (Formerly Petrobras B.V.) , Sapetro Nigeria Ltd, Seplat Petroleum Development Co. of Nig. Ltd, Shell Petroleum Dev. Co. of Nig. Ltd, Shoreline Natural Resources, Total E & P Nigeria Ltd, WalterSmith Petroman Oil Ltd, Yinka Folawiyo Petroleum Ltd and Universal Energy Resources Ltd.