Energy Link

What Energy Link does

Energy Link Infrastructure Limited is a Nigeria-based midstream crude oil infrastructure company incorporated on 19 February 2016 and headquartered at 77B Sinari Daranijo, Victoria Island, Lagos. The company owns and operates two integrated physical infrastructure assets: the ACOES Pipeline System — a 12-inch, 47-kilometer pipeline (17 km through the New Calabar River and 30 km into open sea) anchored in Eroton's OML 18 acreage — and the FSO-ELI AKASO, a 2-million-barrel double-hull floating storage and offloading vessel moored in the eastern corridor of Rivers State. Together these assets provide end-to-end crude evacuation, storage, and export terminal services to exploration and production operators in Nigeria's Niger Delta, with the FSO designated as the export terminal for OML 18 and other regional producers.

The company's revenue model is built on two usage-based streams. Crude evacuation revenue is generated through transportation fees charged to E&P producers using the ACOES pipeline, with tariffs negotiated directly with customers based on volume, term, and service requirements. Crude storage and terminal revenue is generated through barrel-based storage fees and throughput handling fees from the FSO-ELI AKASO. Pricing is quote-based and not publicly disclosed, reflecting a bespoke enterprise sales motion in which contracts are negotiated directly with E&P counterparties rather than sold through standardized channels. The customer base is concentrated in upstream oil and gas producers operating in Nigeria's Niger Delta, with Eroton Exploration & Production serving as the anchor customer for the ACOES pipeline.

Energy Link is approximately 46%-owned by San Leon Energy PLC, a London-listed energy company that funded a further US$5 million investment in August 2023 via a secured loan from Toscafund Asset Management LLP to support operations and the ACOES pipeline project. The company maintains a small headcount (1–10 employees) and a board comprising senior figures from Nigerian oil and gas, offshore services (World Carrier Corporation), and financial services, including Chairman Onajite Okoloko and Managing Director/CEO Adekolapo Ademola. Distribution is entirely domestic, with operations limited to Nigeria's Niger Delta eastern corridor.

Name

Energy Link

Legal name

Energy Link Infrastructure Limited

Website

https://energylink-infra.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Energy Link Infrastructure is a Nigeria-based midstream company operating a 47 km crude evacuation pipeline (ACOES) and a 2-million-barrel floating storage vessel (FSO-ELI AKASO) serving exploration and production companies in the Niger Delta, anchored in OML 18 acreage.

Ownership category

akta.pro rank

Product category

Midstream Oil & Gas Infrastructure

NAICS

Pipeline Transportation of Crude Oil (4861)

SIC

Pipe Lines (No Natural Gas) (4610), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Crude Oil Pipeline Transportation (EUALADAA)

akta.pro secondary industries

Pipeline Operations, Integrity & Control (SCADA, Pigging, Leak Detection) (EUALADAK), Oil & Gas Midstream & Pipeline O&M (Pipelines, Compressor Stations) (EUAEAGAF)

Keywords

• Midstream oil infrastructure
• Crude evacuation services
• Crude storage terminals
• Floating storage vessels
• Offshore pipeline systems

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Crude Evacuation Services: Pipeline-based crude transportation services provided via dedicated pipeline system anchored in OML 18, in compliance with applicable regulatory requirements. Revenue is generated through transportation fees from crude oil producers utilizing the ACOES pipeline system.
2. Crude Storage and Terminal Services: Crude oil storage and export terminal services provided via the FSO-ELI AKASO vessel to crude oil exporters. Revenue is generated through storage and terminal handling fees based on barrel volumes stored and throughput.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Energy Link Infrastructure provides midstream infrastructure services for efficient and long-term crude evacuation, storage and export in Nigeria's Niger Delta. It owns and operates the 47 km ACOES Pipeline System anchored in OML 18 and the 2-million-barrel FSO-ELI AKASO floating storage vessel, offering crude transportation and storage/terminal services to upstream exploration and production companies.

Product overview

Energy Link is a midstream infrastructure company serving Nigeria's oil and gas sector in the Niger Delta. The company operates a dual-product infrastructure system comprising crude evacuation via the ACOES Pipeline System (a 47 km, 12-inch pipeline anchored in OML18) and crude storage/terminal services via the FSO-ELI AKASO (a 2-million-barrel floating offshore storage vessel). These interconnected infrastructure assets work together to provide end-to-end crude transportation from upstream producers to export terminals, with the pipeline feeding crude into the FSO for storage and export.

Differentiator

Problem solved

Functional benefit

Brands

• ACOES Pipeline: The 12 inch 47 Km pipeline system running from Eroton's OML18 Acreage through New Calabar river (17km) and 30km into the open sea.
• ELI AKASO FSO

Products and services

• Crude Evacuation Services (ACOES Pipeline) Dedicated crude evacuation services for upstream exploration and production companies, delivered via the ACOES Pipeline System — a 12-inch, 47 km dedicated pipeline running from Eroton's OML 18 Acreage through the New Calabar River (17 km) and 30 km into the open sea, compliant with applicable regulatory requirements and operated using state-of-the-art technology.
• Crude Storage and Terminal Services (FSO-ELI AKASO) Crude storage and export terminal services for crude oil exporters delivered via the FSO-ELI AKASO, a 2-million-barrel double-hull floating offshore storage vessel moored in the eastern corridor of Rivers State, designed in line with Nigerian Department of Petroleum Resources requirements and serving as the designated export terminal for OML 18 and other producers within the eastern corridor.

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• Eroton Exploration & Production Company LimitedcoreStrategic or Co-development PartnerEroton's OML 18 Acreage serves as the anchor for Energy Link's ACOES pipeline system. The 12-inch, 47km pipeline runs through Eroton's acreage via the New Calabar River into open sea, providing dedicated crude evacuation services for the producer.
• World Carrier CorporationsupportingStrategic or Co-development PartnerWorld Carrier Corporation, an integrated offshore services provider, has board representation through Managing Director Georgios Fragkistas and Corporate Finance & Commercial Manager Nikos Zarakovitis. The company operates a diverse fleet including tankers, bulk carriers, and offshore support vessels.
• Midwestern Oil and Gas Company LimitedsupportingStrategic or Co-development PartnerMidwestern Oil and Gas Company has board linkage through Chairman Onajite Okoloko and former CFO/CEO Blessing Ayemhere. The company holds interests in adjacent upstream assets in the Niger Delta region.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Umugini Pipeline Infrastructure Limited: Nigerian midstream crude pipeline operator serving Midwestern Oil & Gas and adjacent Niger Delta producers. Direct comparable: same country, same crude evacuation model, similar anchor-producer JVs, and board-level overlap with Energy Link (Blessing Ayemhere was previously CFO of Midwestern and is now MD/CEO of Umugini).
• Bluewater Energy Services B.V. Operates floating storage and offloading (FSO) vessels worldwide, including in West Africa. Directly comparable to Energy Link's FSO-ELI AKASO operations - same asset class (double-hull FSO with Nigerian regulatory compliance) and same end customers (offshore African E&P operators).
• BW Offshore Limited: Global FSO/FPSO leasing and operations company with active West Africa presence. Directly comparable to Energy Link's FSO model and offshore midstream operations serving producers in the same Niger Delta / Gulf of Guinea region.
• MODEC, Inc. FSO/FPSO supplier and operator with a large installed base in offshore Nigeria. Closely comparable FSO infrastructure model, similar offshore West Africa customer base, and overlapping regulatory and operational expertise with Energy Link's vessel operations.
• SBM Offshore N.V. Operates leased FSO/FPSO vessels globally including significant West Africa deployments (e.g., FPSO Cidade de Mangaratiba, Xikomba). Comparable by asset class (floating storage), business model (lease/operate for E&P customers), and customer profile (offshore West Africa producers).
• Teekay Corporation: Owner/operator of shuttle tankers and FSO vessels serving global offshore oil production, with significant West Africa exposure. Comparable asset class (FSOs/shuttle tankers moored offshore with single anchor customer), though at larger scale and across multiple regions.

Broad incumbents

• Nigerian National Petroleum Corporation (NNPC): Nigeria's state oil company and the dominant midstream infrastructure operator through subsidiary PPMC, with thousands of km of crude and refined product pipelines across the Niger Delta. Broader but not specialist - directly comparable crude pipeline operations but at vastly larger scale and across multiple commodity types.

Regional players

• Oando PLC: Leading Nigerian integrated energy company with midstream logistics interests (downstream terminals and formerly upstream). Comparable via shared Nigerian operating environment, midstream infrastructure exposure, and personnel lineage (Energy Link's Chairman Okoloko is a founding partner of the Ocean & Oil Group that became Oando).
• Midwestern Oil and Gas Company Limited: Nigerian E&P with interests in adjacent Niger Delta upstream assets and the Umugini midstream JV. Comparable via direct board linkages to Energy Link (Chairman Okoloko and Director Ayemhere both previously led Midwestern) and proximity to OML 18 in the same operating region.

Others

• Vitol Group: World's largest independent energy trader with major crude storage and midstream infrastructure investments globally. Adjacent rather than directly competing - comparable via ownership and operation of large-scale crude storage terminals in producing regions, but Vitol is not a pipeline operator in Niger Delta.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/energy-link-infrastructure-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Energy Link