The Uquo Field was one of the 24 marginal fields awarded in 2003 to indigenous companies by Nigeria’s Department of Petroleum Resources (DPR) as part of the government’s Marginal Field Programme aimed at increasing reserves, production, employment, local content and indigenous participation in the upstream oil and gas sector.
Owned by Accugas Ltd, a wholly owned subsidiary of indigenous company Seven Energy International Limited headquartered in Lagos and London. The gas plant commenced gas deliveries in early 2014 to the 190 megawatts (MW) Ibom Power Station.
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