• (+234) 906 867 1826
  • Mon - Fri
  • 8am - 5pm

Author: akajiakunwabekee@yahoo.com


As we stepped into the vibrant tapestry of the 3rd edition of the Intra-African Trade Fair (IATF2023) which took place in Cairo, Egypt, we found ourselves immersed in an atmosphere that was evident of the dynamism and potential of our beloved continent. The bustling energy was a living attestation to the thriving spirit of Africa. Masters Energy Group which was represented by our esteemed Group Managing Director, Barr Mrs. Patience Dappa, and Company Secretary, Barr Mrs. Chinyere Usen, were there…

A Revolutionary Milestone: Masters Energy Oil and Gas Breaks Ground on $500 Million Gas Storage Facility.

In a groundbreaking ceremony, Masters Energy Oil and Gas embarked on a transformative journey by commencing the construction of a state-of-the-art $500 million gas storage facility. This monumental undertaking reaffirms our unwavering commitment to shaping the future of energy. With sustainable and dedicated efforts, we promise to be that light and a major contributor to innovation in the energy sector of the country. This ambitious project includes the construction of a 20,000MT gas storage in Port Harcourt, over 200 gas…

BP’s North Sea Sale Risks Delay as US-Iran Sanctions Loom

BP’s bid to sell the North Sea gas field it owns with Iran could face an eleventh hour delay as the threat of US sanctions raises concern for the industry regulator. The Oil and Gas Authority (OGA) is expected to pause the £300m deal agreed between the oil major and North Sea minnow Serica Energy late last year because the sale includes the Rhum gas field which is part-owned by Iran’s state oil company. The deal was expected to close…

Physical Oil Prices Seen Catching Up With Surging Futures Market

The end of some of the weakest physical crude prices in years could be in sight. While oil futures prices are at their highest since 2014 amid geopolitical risks — including the possibility of renewed U.S. sanctions on Iran — physical prices in some corners of the oil market have been depressed. Russian Urals and Caspian CPC crudes have recently traded at multi-year lows, and West African crude flows to Asia have slumped to the lowest since 2015. The weakness…

U.S. Government Raises Crude Output Forecast for 2018-2019

The U.S. government boosted its forecast for domestic crude output both this year and next year amid a surge in prices. The Energy Information Administration raised its average output forecasts just as the U.S. benchmark closed above $70/bbl on Monday. The U.S. government reiterated that crude production will still top 11 MMbpd in October. Elevated price levels have encouraged drillers to turn the taps higher. Crude production in the U.S. is already at a record-high and the oil rig count…



This is to inform the general public as it has come to our notice that some unscrupulous characters have been deceiving unsuspecting members of the public by sending falsified letters of employment purportedly emanating from our company, Masters energy Oil and Gas Ltd, with the aim of demanding financial consideration on the pretext of facilitating such employment.

Please be informed that Masters Energy does not request compensation in any form whatsoever for the provision of employment with our company, neither do we process recruitment through online social media platforms.

You are therefore advised to ignore such fictitious offers as Masters Energy will not be liable for any payment for employment through persons using our company name, trademark or logo.

Please be mindful of this so called domain Name (masterenergyltd.com) it does not have anything to do with Masters Energy, our original registered domain name is mastersenergyltd.com.

You may contact us via our email customerservice@mastersenergyltd.com for further enquiries or use the Chat button on our website.

Thank you.