Our Company...
Petroleum Assets Development Limited is a subsurface consultancy services provider, focusing on Integrated Field Development Planning, Reservoir Performance Analysis, Simulation and Optimisation, Well Test Interpretation & Integrated Systems Modelling.
Our services also covers training courses in Pressure Transient Analysis, Reservoir Simulation and Petroleum Economics and Accounting. We are very comfortable with the use of the industry’s tools such as ECLIPSE, PETREL, AVOCET IAM, VIP, TECHSIM, GAP, MBAL, RESOLVE, PIPESIM, PROSPER, INTERPRET, SAPHIR, GS PETROPHYSICS, etc.
Our current and previous experiences have covered oil and gas assets in the UK North Sea, Niger Delta, Northern and Southern Africa, Gulf of Mexico and East-Central Europe. Notable clients include likes of ConocoPhillips, Vitol Energy Services, Afren,, Linetrale Exploration, Valiant Petroleum and Dajo Oil Limited.
Our Track Record...
Our previous projects have received numerous commendations from organisations such as the SPE as well as boards of Independent and National Oil Companies. Some of our most recent projects
- Aje Field (OML 113) - Field Development Studies
- Ogedeh Field (OML 90) - Field Development Studies
- Nigeria OPL 281 & 233 - Field Evaluation Studies
- Stubb Creek Field (OPL 276) - Field Evaluation Studies
- Causeway Field North Sea UK - Field Development Studies
- Multiple Oil & Gas Condensate Fields in the Ourhoud & Berkin Basins, Algeria – Full Field Development Studies
- IE Field, MLHP 7 Block, Offshore Cameroun – Full Field Evaluation & Development Planning
Mission Statement
Our values of honesty, integrity, commitment and delivery are important to us. We are honest and straightforward in all our dealings with clients, candidates, contractors and our employees.
We are committed to growing our business through embracing technology, developing strong partnerships and by placing the emphasis on providing high levels of customer satisfaction.
Our mission statement is to ensure that we provide the right resources at the right time to maximise our clients’ business potential. We don’t want to be the biggest but we do want to be the best.
As our business continues to grow we work hard to keep these values at the core of our operation. We are a company that values individuals and teamwork, where people care about each other and share their knowledge freely.
We strive for excellence and aim to exceed expectations. We work hard to achieve our goals and we encourage our staff to be ambitious. We constantly reward and celebrate individual and team success. Retaining our competitive edge through innovation is central to the way we operate and we are always looking to improve our business processes and services
Company Policies
Petroleum Assets Development Limited (Company) is committed to behaving responsibly in its business dealings. All employees, directors and consultants (‘employees’) are required to have regard to Company's Code in their day to day business behaviour and any breach of the Code will be treated very seriously. The Code sets out the standards and policies which apply.
Legal Compliance
Petroleum Assets Development Limited and its employees are required to comply with the law of the countries in which they operate and to have regard to regulations and standards which apply to the Company’s business.
Anti-Corruption and Bribery Policy
Petroleum Assets Development Limited expects all employees to conduct their business dealings honestly and with integrity. The Company has adopted an anti-bribery and corruption policy and has put in place procedures designed to counter bribery and corruption. In accordance with the laws with which it is obliged to comply company prohibits bribery and facilitation payments and any gifts or hospitality given or received must be reasonable and appropriate in the circumstances and must not cause a conflict of interest.
Corporate Governance
Petroleum Assets Development Limited seeks to comply with the highest corporate governance standards for a company of its size.
Health, Safety and Environment
Petroleum Assets Development Limited seeks to provide a safe and healthy working environment and observes health and safety standards, laws and regulations in the countries in which it operates. The Company ensures that employees and consultants receive appropriate training and guidance to enable them to carry out their tasks in a safe and competent manner. The Company will act with care and sensitivity towards the local environment in which it operates and to minimise any adverse effects which its activities have on the environment.
Relationships with Business Partners
Petroleum Assets Development Limited seeks to establish productive relationships with suppliers, customers and business partners and to conduct activities with respect and integrity.
Conflicts of Interest
Employees are required to disclose any direct or indirect interest in any of our suppliers, customers or competitors which could conflict with Petroleum Assets Development Limited’s best interests and to avoid any actual or potential conflicts of interest. Employees and consultants are expected to act solely for the Company’s benefit.
Petroleum Engineering At A Glance...
Thinking of using our services for your project?
Please contact us for an appointment using the details below.
Petroleum Assets Development Limited
3rd Floor ICIC,
113 Loop Street, Cape Town. 8001.
South Africa.
Tel: +27 (0) 82 487 2869
EM: info@petroleum-assets.com
4th Floor, 33 Kofo Abayomi Street,
Victoria Island, Lagos.
Nigeria.
Tel: +234 (0) 810 757 5759
EM: info@petroleum-assets.com