Vitol has been building its upstream oil and gas business for 20 years. Today, we have a diversified portfolio of exploration, appraisal, development and production assets in the Former Soviet Union (FSU) and West Africa.

Our operated production is currently around 10,000 barrels of oil equivalent per day (boepd), having been as high as 36,000 boepd, and our proved plus probable (2P) reserves and discovered resources in excess of 340 million barrels of oil equivalent (net). Although we already hold a large portfolio of discovered but undeveloped oil and gas resources and a material exploration inventory, we are continuously seeking other growth opportunities both within our current core areas of West Africa and the FSU and more broadly in Africa and elsewhere.

Our assets in the FSU are managed by Vitol’s subsidiary, Arawak Energy, which provides all of our production today and is an established and trusted operator of onshore fields in Russia, Kazakhstan and Azerbaijan and has recently acquired a 40% stake in 16 licences in Ukraine. Our other upstream unit, Vitol Exploration and Production (Vitol E&P), focuses today on offshore exploration and development in West Africa.

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Asset locations worldwide
  • Ukraine
  • Azerbaijan
  • Kazakhstan
  • Russia
  • Ivory Coast
  • Cameroon
  • Ghana
  • Nigeria
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