Amplus VGE, a joint venture between UK-based Amplus Energy and Nigeria’s Versatile Group (VG Energy), supported by Norway’s Carbon Circle, is set to transform the development of marginal fields in West Africa.
Leveraging their expertise in oil field development and production, the partnership aims to unlock the region’s full potential through innovative solutions and extensive local engagement.
“Amplus has been very interested in bringing our approach and solutions to the West African region for some time, and establishing this joint venture is a key step for us,” said Steve Gardyne, Managing Director of Amplus, expressing excitement about the venture.
“Our goal is to become the industry leader in this region – leveraging our experience and the expertise of a strong team to disrupt the market with a wide range of flexible and innovative solutions designed to overcome production challenges without losing productivity,” added Neil Thompson, Vice President of Sales & Marketing at Amplus.
The addition of Carbon Circle’s carbon capture technology enhances Amplus VGE’s ability to provide efficient, full-service solutions for owners of undeveloped oil and gas fields.
This collaboration underscores the commitment to sustainable practices and the energy transition in the region.
“We are pleased to join with Amplus Energy on this exciting new venture that we expect will have a positive and lasting impact on the region,” said Engr. Dr. Mohammed Baba Shehu, Chairman/CEO of VG Energy.
Amplus’ recent investments in Carbon Circle demonstrate their dedication to supporting the growth of the emerging carbon capture industry.
Aslak Hjelde, CEO of Carbon Circle, expressed pride in supporting Amplus VGE’s plans for the region.
The joint venture’s innovative approach and commitment to local engagement are expected to have a positive and lasting impact on the region’s oil and gas sector.
To learn more about the Amplus VGE joint venture, visit amplusvg-energy.com.
