RC:1240586

CORPORATE PROFILE

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INTRODUCTION FROM THE CEO
Mr. Basil Maduka (MD/CEO) Is a graduate of Accountancy, holds
an MBA in Business Administration from University of Calabar. He
is a seasoned professional with over 22yrs cognate experience in
banking, oil & gas operation, in the key sectors with many
multinationals, exploring ways to create impact with his
management team towards a better future to promote an
indigenous participation in the sector.

Our ambition is to be the world’s leading Oil Service provider, exploration and production
company focused on Africa and the sub-Sahara In realising this vision, we will seek to
maximise value for our stakeholders in a sustainable manner, by operating with integrity
and leveraging local resources – to the benefit of the countries and communities in which
we operate.

We have made a good start from our foundation in 2015 by a group of leading
professionals with extensive experience in the international upstream oil and gas industry
as well as in global fund management and investment banking.

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ABOUT VIRGIN ENERGY & GAS LTD
Virgin Energy and Gas Ltd (VIRGIN ENERGY) is an indigenous service provider to the oil and gas
industry in Nigeria. It was incorporated as a limited liability company in Nigeria in 2015 to carry on
the business of Engineering (EPC), Civil Construction, Pipeline Services, Procurement, Marine
Logistics, It is also involved in the business of Marketing, Supply and Trading of Crude Oil and
Petroleum Products (Offshore/Onshore);.

The Company is led by a dynamic We operate in. These Foundation, we shall

management team; VIRGIN ENERGY Communities will be engaged always endeavour to be

has been strategically positioned to in activities that ensure responsible corporate

achieve a sustainable competitive development and economic citizens

Advantage to achieve its vision. This

Virgin Energy has been
is further enabled by the proper
strategically positioned to achieve
deployment of good corporate a sustainable competitive
governance and risk management advantage to achieve its vision..
practices.
empowerment. Strict adherence

In fulfilling our vision, we shall to our belief in preservation of the

continue to build and improve the environment shall be enforced.

capacity of the communities Through our VIRGIN ENERGY

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 OUR MISSION
 To create value for our partners
through excellence and
innovation
 To be responsible partners with
Respect to safety and
OUR VISION
To be recognized as the
environmental impact of all our premier indigenous oil
operations and services and gas service provider driven by
 To run the company on a excellence and innovation
sustainable financial basis of
profitable growth
 To recruit, retain and reward
high-performance workforce

CORE VALUES
• Excellence
• Professionalism
• Innovation
• Corporate Social
Responsibility
• Faith in God
• Integrity
• Teamwork

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 OUR SERVICES
(1) UPSTREAM
A. Mechanical Engineering/Construction
i. Fabrication services
ii. Maintenance

B. Civil Engineering/Construction
i. Road/Bridge/Drainages
ii. Building/Property Maintenance

C. Asset Integrity Management

i. Pipelines Services and Monitoring

D. Equipment/Tools
i. Heavy duty equipments (OCTGs/Pipes)

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 (2) DOWN STREAM
A. Marketing, Supply & Trading of ;
This business unit is responsible for the supply
and trading of crude and petroleum products in
partnership with the Nigerian National
Petroleum Corporation/NNPC Retails and
various Stakeholders, (Onshore and
Offshore/Swam)

• Products traded include, Premium Motor Spirit

(PMS),
• Automotive Gas Oil (AGO also known as
Diesel),
• Dual Purpose Kerosene (ATK),

PETROLEUM PRODUCT HAULAGE AND FLEET MANAGEMENT

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 (3) EXPLORATION & PRODUCTION
Virgin Energy conducts exploration,
appraisal, field development and
production of offshore fields.

We are experts at creating teams using

both Virgin Energy’s resources and systems
and resources from partners and
contractors to do our work.

We build relationships with key players to

work in a most challenging environment.

We believe in technical excellence, we

would rather not do something than do
something less than excellent.

We believe in the involvement of

Government Agencies and the people
where we operate, our goal is to make
everyone part of the solution.

Our teams of experts include:

a. Exploration / Development Team
b. Drilling Team
c. Production Team
d. Facilities Team
e. Infrastructure / Installation Team

Virgin Energy and Gas Ltd has a portfolio of

oil and gas assets in Nigeria and the Sub-
Sahara We hold interests in exploration,
development, and production of oil and gas
concessions.

Our portfolio of assets is at varying stages

of our upstream operations – exploration,
development and production,
Our company’s strategic focus is on the acquisition of near term assets

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OUR PEOPLE
Virgin Energy is made up of dynamic workforce with outstanding talent and seasoned professionals in
the Oil & Gas industries; whose knowledge and passion for excellence are backed by cutting edge
technology, Qualitative, Integrity and excellence innovative skills that we like to refer to as our
strength. This is in line with our mission to recruit, retain and reward a high-performance workforce

This hardworking, virile and dynamic workforce is Creating an environment that supports
managed and controlled by a group of highly professionalism, integrity and innovation
competent management team with tones of has led to higher performance team.
experience in the petroleum sector, giving our
company an edge over others in terms of
productivity and service delivery to our shareholders
and clients respectively. ... Strengthen client base
by ensuring excellence
We have a qualified system for accessing key skills and innovation in
and experience to ensure that our staffs and service delivery.
consultants have significant and relevant experience
relative to the job they are assigned. The company
to ensure continuous professional development for
our team allocates significant resources to various
unique training and development programs.

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 STRATEGIC RELATIONSHIPS:
STRATEGY Government
 Strengthen client base by ensuring International Oil Companies
excellence and innovation in service delivery Oil bearing communities
 Enhance capability using the “build-borrow- Original equipment manufacturers
buy” growth pathway
 Create and sustain strategic relationships FINANCIAL STABILITY:
that will guarantee superior delivery in a We have developed a remarkable reputation with
synergistic manner several financial institutions within and outside
 Recruit, retain and reward high-performance
Nigeria and currently maintain a solid financial base
employees
to execute major projects. Our management
 Conduct business affairs in a transparent,
account reports are readily available for concerned
professional and responsible manner.
parties.
 Practice socially responsible investment
ensuring business activities positively impact
EXPERTISE:
our host communities.
We aggressively recruit and retrain the best
 Nurture and sustain mutually beneficial long-
talents to ensure high-performance.
term partnerships
 Operate without harm to people and the
environment

KEYSTRENGTHS
INDIGENOUS COMPANY STATUS:
There are currently numerous initiatives by the
Nigerian government to strengthen the capacity of
indigenous companies and to increase their
activities in the Nigerian oil and gas industry.

SIGNIFICANT NIGER DELTA REPRESENTATION:

A great majority of the founders of the company
are from the Niger Delta region of the country. This
is the region that is responsible for more than 95%
of the oil and gas assets. Our founders and directors
enjoy an unrivalled influence in the region, and we
possess strong knowledge of the local and regional
dynamics

LEVERAGE ON SISTER COMPANIES:

We have sister company (Virgin Petroleum & Oil
Gas Ltd that provide complementary services and
have remarkable track records in the oil support
services especially in Bulk Petroleum Products
Supply, construction and marine logistics.

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 COMMITTED TO CORPORATE RESPONSIBILITY
At VIRGIN ENERGY, our Corporate and Social Responsibility strategies are focuses on:
 Our Communities
 Our People
 Our Environment
 Our Customers/Client’s
The strategy aligns with our current business objectives to achieve sustainable long-term
value growth for investors and creating a successful independent oil & gas servicing, exploration
and Production Company in an increasingly competitive landscape.
The strategy is mutually beneficial, delivering benefits to global stakeholders and
participants while bringing long-term benefits to Virgin Energy and its shareholders.

Our People
Supporting our people and Our Customers/Client
being a good employer Ensuring positive outcomes
for customers, clients and
partners
VIRGIN ENERGY CARES
We show respect by
celebrating, valuing and
caring for people, our
communities and the
environment

Our Communities
Contributing positively to
Our Environment our host communities
Ensuring environmental
awareness and sustainability
to better address climate risk
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 Environment, Health and Safety
Environmental Protection
VIRGIN ENERGY’s operations are subject to various
environmental, health and safety regulations. These
regulations govern the handling, generation, storage and
management of hazardous substances, including how these
substances are released or discharged into the air, water,
surface and subsurface. These laws and regulations often
require permits and approvals from various agencies before
Virgin Energy can commence or modify its operations or
facilities, and on occasion require the preparation of an
environmental impact assessment or study (which can result
in the imposition of various conditions and mitigation
measures) prior to or in connection with obtaining such
permits.
EHS Policy
The EHS Policy outlines Virgin Energy and Oil Gas Ltd
principles of environmental stewardship, maintaining safe
and healthy workplaces for its employees,
contractors/Stakeholders and host communities and
ensuring compliance with environment, health and safety
legislation, regulations and recognized industry standards.

VIRGIN ENERGY has direct responsibility for environmental,

health, safety and security matters for controlled areas,
where VIRGIN ENERGY is the technical services provider.
VIRGIN ENERGY has implemented policies and operates an
auditable management system..
The EHS Policy and other corporate policies are an important part of the responsibilities of the managers
of Virgin Energy and significantly influence the operations of Virgin Energy

Virgin Energy proactively engages its operators through its EHS committees and active participation in EHS
programs & events. Although Virgin Energy is a non-operated company, it influences and works closely
with its partners to ensure that the environment is preserved through mainly conducting Environmental
Studies (EIAs & EER), Environmental Monitoring programme to check for compliance and monitoring of
operational activities such as oil spills & gas flaring trends and patterns. These activities are carried out via
a yearly plan and reviewed quarterly for compliance & adequacy.

Environment, Health and Safety (EHS) Management System (MS) Framework

The document describes Virgin Energy management of its EHS issues to an acceptable level that is
considered As Low As Reasonably Practicable (ALARP). The framework provides assurance that Virgin
Energy’s operations are planned, assessed and executed in line with international best practices and
associated industry guidelines to guarantee the lives and safety of our employees, contractors and visitors.
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 Our Quality Management System
Always improving the overall performance of our company

Virgin Energy has developed and implemented a quality management system (QMS) in order
to document the company’s best business practices, to better satisfy the requirements and
expectations of our customers and to improve the overall performance of the company.

Our QMS meets the requirements of international standard ISO 9001:2008. which is design to
addresses core business activities.

We monitors, measures and analyses relevant processes and takes action to achieve
planned results and to deliver the continual improvement of our products, services and our
management system.

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Contact us
CONTACT DETAILS

Head Office: 6 Igbodo Street, Old GRA,

Port Harcourt,
Rivers State

Tel +234 (0) 8037061501, 08021193000

Branch Office: 1302B Akin Adesola Street,

Victoria Island
Lagos

Tel: +234 (0) 8037061501, 08021193000

E-mail: virginenergygasltd@gmail.com
www.virginenergygasltd.com

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