unveil a new brand identity in a grand launch event scheduled for Friday, 4th August 2023. Incorporated on March 25, 1992, originally as the Midas Drilling Fund before assuming the name Niger Delta Exploration & Production Plc in November 1996, NDEP retains a strong legacy as Nigeria’s first integrated oil and gas investment company.
Established with the vision to create a company using local capital and a local workforce to benefit the oil and gas sector, NDEP has grown its business operations tremendously to span the upstream, midstream, and downstream value chains of the industry. As a parent company, NDEP consists of several subsidiaries including Niger Delta Petroleum Resources Limited , ND Gas Development Company Limited, and NDEP Investments Limited which are all wholly owned.
Through its new brand identity, NDEP aims to better reflect its current and future portfolio, and its long-term strategy to become the leading African company delivering sustainable energy solutions that support economic growth. It will also be reflective of its rich history, legacy, and future portfolio aspirations.
In its new era, NDEP will remain committed to its mission to address Nigeria’s energy deficit by improving access to affordable and sustainable energy. NDEP takes a long-term view of energy provision and the global energy transition, focusing on the production and distribution of gas – the transition fuel that provides a pathway to net zero.