Levene Hydrocarbon Limited is the flagship Upstream entity within the group, dedicated to owning and operating prolific  exploration and production assets. Our primary focus extends across the Gulf of Guinea, West Africa, the broader African region, and select lucrative locations across the globe. We specialize in unlocking the full potential of assets situated on land, swamp, and offshore terrains.


With a robust and active presence in the Exploration & Production sphere, Levene Hydrocarbon is at the forefront of driving innovation and maximizing the value of hydrocarbon resources. Our commitment to excellence is evident in our operations within Nigeria and beyond.


Levene Hydrocarbon was awarded licences for the exploration of bitumen in Ogun State in South-west Nigeria. Strategically, this positions the company as a key player in the bitumen exploration & production landscape both regionally and internationally. This is particularly important because bitumen plays a crucial role in building and maintaining infrastructure, protecting structures from environmental elements and contributes to the overall functionality and longevity of various applications in construction, transportation, and industry. Its versatile properties make it an indispensable material in modern engineering and development and the fact that bitumen can be recycled promotes sustainability, thereby reducing environmental degradation.


Further demonstrating our global reach and strategic vision, the company successfully acquired four (4) oil blocks in Equatorial Guinea. This expansion not only strengthens our presence in West Africa but also reinforces our commitment to contributing to the regions energy landscape.



Bitumen asset status

Current ownership
Levene Hydrocarbon Limited – 100%

Asset Type

Bitumen (Oil Sand Acreage)

Terrain/ Location

Onshore/Ogun State

License type

Mining Lease

Levene Hydrocarbon’s operations are strategically positioned in key regions globally, ensuring access to high-potential exploration and production opportunities. All of this is achieved with the innovation and expertise of our team of seasoned professionals who bring with them a wealth of experience, ensuring that we stay at the forefront of technological advancements and industry best practices.

At Levene Hydrocarbon, we are dedicated to responsible and sustainable practices, contributing to the longevity and environmental consciousness of the industry.

To discover unparalleled upstream asset acquisition services, partner with Levene Hydrocarbon to unlock the full potential of hydrocarbon resources and embark on a journey of sustainable growth and success.