About Guarantee Petroleum

Guarantee Petroleum is an independent oil and gas company owned by 48 reputable Nigerians with wealth of experience in both oil and gas as well as diverse industries. Incorporated in  year 2000 with a broad objective of carrying out a commercially viable business across all segments (upstream, midstream and downstream) of the petroleum and energy sector.

Our wealth of technical and managerial skills, it’s strategic alliance with renowned companies uniquely position it to take advantage of it’s vertical integration strategy as the opportunities in the Nigeria energy sector present themselves.

The company bidded for marginal field in the up stream sector in year 2002, and succeeded in getting a field allocation from Federal Government in year 2003.

A Farm-Out Agreement was signed with NNPC/CHEVRON on the 18th March, 2004.

Ororo marginal oil field in OML95 located off shore Ondo State Nigeria was jointly awarded to Guarantee Petroleum Company and Owena Oil and Gas in year 2003 in ratio 55% and 45% respectively with Guarantee as the Operator.


vision iconTo be the indigenous Oil and Gas Company of choice in terms of value creation, operational standards, environmental protection and realization of the aspiration of all stakeholders including the communities with whom we work.


To find, produce and deliver oil, natural gas and other energy related products in a manner that enriches the lives of our workers, customers, host communities and partners, as well as fuelling the nations' economy. We shall utilize superior technology, efficient financial and operational techniques to maximize our investments.

These activities will create; wealth for our share holders and other stakeholders, sustainable development for our host communities, and ensure the good health, safety and protection of our employees and the environment