What Nevadic Limited does

Nevadic Limited is a privately held Nigerian oilfield services and engineering company headquartered in Lagos with operational support in Port Harcourt (Nigeria's upstream oil and gas hub). The company serves upstream oil and gas operators (including named clients Seplat, BUA Group, BW Offshore, and NewCross), industrial users, maritime/petrochemical operators, telecommunications companies, and hospitality groups with an integrated portfolio of proprietary products and specialized services. Its offering is anchored by four proprietary technologies: the Vadizyme-1 biological enzyme catalyst for enhanced oil recovery, the NWF-CPRS wax prevention and control tool, the NEAT-CAAS automated tank cleaning and desludging system, and a bespoke synthetic fuel conditioner/additive. Supporting service lines include wireline and slickline well intervention, well completion and workover, flow assurance and production enhancement, gas-fired power generation, fuel and fleet management, procurement services, and renewable energy deployment (solar, wind, tidal) to over 350 homes and offices.

The company operates a B2B sales-led go-to-market focused on direct enterprise relationships, supplemented by industry events and content marketing. Revenue is generated through a mix of professional services contracts (oilfield engineering, procurement, well intervention), managed services (NEAT-CAAS, power generation), product sales (Vadizyme-1, fuel additive), and emerging energy-as-a-service offerings. Distribution is direct-to-enterprise with no marketplace or reseller channels. The company reports 85% of work comes from repeat clients, and it maintains a lean core team of 7 supplemented by a flexible pool of specialized well engineering personnel and runs graduate programs across technical and commercial functions.

In 2025, Nevadic launched the ZEBRAS (Zero Emission Battery Renewable Energy Access Solution) initiative under the ZE-Gen international innovation programme led by Carbon Trust and Innovate UK, receiving a grant of approximately £806,667 as one of six Demonstrator projects funded by the UK Government's Ayrton Fund. The initiative combines Energy-as-a-Service with repurposing of fossil fuel generators to deliver clean power to last-mile users in Nigeria. The company operates two wholly-owned subsidiaries — Nevadic Oilfield Services and Nevadic Solar — to segregate its legacy oilfield and renewable energy lines of business.

Name

Nevadic Limited

Legal name

Nevadic Limited

Website

https://nevadic.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Nevadic Limited is a Lagos-based Nigerian oilfield services and engineering company that serves upstream oil and gas operators with proprietary products (Vadizyme-1, NWF-CPRS, NEAT-CAAS, fuel additive), well intervention services, and emerging renewable energy solutions under its ZEBRAS initiative.

Ownership category

akta.pro rank

Product category

Oilfield Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

akta.pro secondary industry

Oilfield & Refining Specialty Chemicals (IMAEABAI)

Keywords

• Oilfield engineering services
• Enhanced oil recovery
• Flow assurance solutions
• Well intervention services
• Renewable energy deployment

Headquarters

HQ city

Port Harcourt

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Oilfield Engineering Services: Engineering services covering paraffin prevention and control, produced sand management, wireline (E-line and slickline), coiled tubing, pumping and stimulation, well testing, pipeline and facilities design installation, revamp and upgrade, instrumentation and control equipment supply and installation.
2. Enhanced Oil Recovery Products: Sale of Vadizyme-1 Catalyst for enhanced crude oil recovery and hydrocarbon remediation. Water-soluble biological enzyme catalyst sold as proprietary product.
3. Synthetic Fuel Conditioner Products: Bespoke 100% synthetic fuel conditioners/additives sold for industrial and automotive applications. Dosage-based product sales.
4. Power Generation Solutions: Deployment of gas-fired power plants using pipeline natural gas (PNG), compressed natural gas (CNG), and liquefied natural gas (LNG).
5. Telecommunications Solutions: Fuel management systems, fleet management solutions, ignition control, tank gauging, filtration, generator monitoring, batching control, electrical cabling, and remote asset management.
6. Procurement Services: Energy procurement services with efficient in-house purchasing system and extensive preferred supplier database. Term and alliance agreements with negotiated discounts with suppliers and sub-contractors.
7. Tank Cleaning Services (NEAT-CAAS): Automated tank/vessel cleaning and desludging equipment and service, including cleaning chemicals, degreasers, chemical dosing pumps, pumps, heat exchangers.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Nevadic Limited provides engineering services and proprietary chemical/mechanical products to the upstream oil and gas industry, covering paraffin/wax control, enhanced oil recovery, well intervention (wireline, slickline, coiled tubing), well completion and workover, automated tank cleaning, and renewable energy deployment. Offerings are sold primarily to enterprise oil and gas operators, maritime, petrochemical, telecom, and industrial clients in Nigeria and selected international markets.

Product overview

Nevadic Limited is an oilfield solutions provider serving the upstream oil and gas industry with a portfolio of specialized products and services. The company offers a unified suite of integrated oilfield solutions centered around core proprietary products including the NWF-CPRS Tool for paraffin/wax control, Vadizyme-1 Catalyst for enhanced oil recovery, NEVADIC Diesel Fuel Additive for fuel conditioning, and the NEAT-CAAS automated tank cleaning system. Supporting these products are specialized services including wireline and slickline operations, well completion and workover services, flow assurance and production enhancement, renewable energy solutions, and procurement services. The company has recently expanded into clean energy innovation through the ZEBRAS project, combining Energy-as-a-Service with fossil fuel generator repurposing.

Differentiator

Problem solved

Functional benefit

Brands

• NEAT-CAAS Solution: Automated Tank Cleaning & Desludging As-A-Service Solution for oil and gas, maritime, and petrochemical industries including FPSOs, FSOs, VLCCs, mud tanks, and drilling rig mud pits.
• Vadizyme-1 Catalyst
• NWF-CPRS Tool

Products and services

• NWF-CPRS Tool Proprietary paraffin (wax) prevention and control tool for oil wells with persistent paraffin deposition problems. Eliminates the need for frequent hot oil treatment, mechanical removal, electrical heating of production tubing, and solvent application by using proprietary wax inhibiting technology.
• Vadizyme-1 Catalyst Water-soluble, protein-based biological liquid enzyme catalyst for enhanced crude oil recovery and remediation of hydrocarbon-contaminated solid waste. Non-toxic, near-neutral pH (5-7), non-pathogenic, and environmentally friendly; stimulates depleted oil wells to produce at high capacity for many months.
• NEVADIC Diesel Fuel Additive (Synthetic Fuel Conditioner) Bespoke 100% synthetic fuel conditioner/additive for industrial and automotive applications. Lowers fuel costs by promoting clean combustion with increased efficiency, protects diesel/LPFO/HPFO engines against failures, and reduces harmful exhaust emissions including particulate matter, CO, NOx, and SOx. Dosage ratio: 1 part additive to 2,000 parts diesel fuel.
• NEAT-CAAS (Automated Tank Cleaning & Desludging As-A-Service) Bespoke automated tank cleaning solution comprising man-entry and non-man entry services. Deploys fit-for-purpose machines tested and proven in oil and gas, maritime, and petrochemical industries for cleaning FPSOs, FSOs, VLCCs, mud tanks, drilling rig mud pits, and petroleum tank farms.
• Wireline & Slickline Services Cased-hole and open-hole electric wireline logging services including production logging, multi-barrier corrosion tools, leak detector tools, cement evaluation technologies, downhole video, and pulse neutron tools. Slickline services include maintenance, wax/scale/sand removal, and downhole measurements such as memory production logging tools (MPLT).
• Well Completion & Workover Services Well completion, re-completion, and workover services including stimulation treatment and intelligent completion projects. Also provides Gaslift Operations Services for oil and gas production facilities.
• Renewable Energy Solutions Deployment of personnel and products for converting renewable energy sources including solar, wind, and tidal to electricity for businesses and homes. Deployed to over 350 homes and offices. Also offers gas-fired power plants using PNG, CNG, and LNG.
• Procurement Services Energy procurement services with an efficient in-house purchasing system and extensive preferred supplier database. Provides drilling/completion tools and accessories with competitively priced goods and services, including term and alliance agreements with negotiated discounts with suppliers and sub-contractors.
• ZEBRAS (Zero Emission Battery Renewable Energy Access Solution) R&D initiative combining Energy-as-a-Service (EaaS) with innovative repurposing of fossil fuel generators. Delivers clean renewable energy to last-mile users through a sustainable battery-powered virtual pipeline while driving circular economy by reducing greenhouse gas emissions and cutting electrical waste from second-hand generators.

Quantifiable outcome

• 85% of work from repeat businesses
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• ZE-Gen (Carbon Trust and Innovate UK Initiative)flagshipStrategic or Co-development Partner · 1 June 2025Nevadic joined ZE-Gen's international innovation programme to bring cutting-edge renewable energy innovations, designed to leapfrog reliance on polluting fossil fuel generators. Nevadic is developing ZEBRAS (Zero Emission By Replacing Access to energy with grid quality power) project as one of six new ZE-Gen Demonstrator projects, part of a £4.84m funding via Innovate UK. ZE-Gen is a collaborative initiative by Carbon Trust and Innovate UK launched at COP27.
• MEP TechnologiescoreStrategic or Co-development Partner · 1 June 2025Collaborating partner in the ZEBRAS Demonstrator project for renewable energy innovation. MEP Technologies brings expertise to the diverse team working on combining Energy-as-a-Service with repurposing of fossil fuel generators.
• PowerUpcoreStrategic or Co-development Partner · 1 June 2025Collaborating partner in the ZEBRAS Demonstrator project. PowerUp is part of the diverse expertise consortium working on the groundbreaking energy access initiative.
• The Washing Machine Project (TWMP)coreStrategic or Co-development Partner · 1 June 2025Collaborating partner in the ZEBRAS Demonstrator project. TWMP brings innovation expertise to the collaborative effort addressing energy access and clean energy delivery.
• SKRUMcoreStrategic or Co-development Partner · 1 June 2025Collaborating partner in the ZEBRAS Demonstrator project. SKRUM contributes to the disruptive innovation initiative combining Energy-as-a-Service with circular economy principles.
• Carbon TrustflagshipStrategic or Co-development Partner · 1 June 2025Co-leader of ZE-Gen initiative with Innovate UK, responsible for policy, research, outreach and strategy. Brings partners together, engages with public and private sector, and provides commercialization support including investment readiness, market engagement, strategy & sales, and product/service development.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Halliburton: Major diversified oilfield services company with strong well intervention, stimulation, and production chemicals portfolios. Directly competes with Nevadic's wireline, slickline, and paraffin/EOR service lines.
• Baker Hughes: Oilfield services and industrial energy technology company with relevant production chemistry, well intervention, and asset integrity offerings — overlapping with Nevadic's specialty chemicals and flow assurance products.
• SLB (Schlumberger): Global oilfield services leader offering production, well intervention, EOR, and digital solutions across upstream. Comparable as the incumbent Nevadic competes against for production enhancement and wireline work with Nigerian operators.
• Weatherford International: Oilfield services provider offering well intervention, artificial lift, and production optimization — closely aligned with Nevadic's well completion, workover, and wireline/slickline services.

Direct peers

• Welltec: Provider of well intervention and conveyance tools for upstream operators, focused on wireline and slickline technologies. Comparable to Nevadic's wireline/slickline services and NWF-CPRS tool business.
• TETRA Technologies: Specialty oilfield services and chemicals company focused on production chemicals, water management, and flow assurance — direct competitor to Nevadic's Vadizyme-1, fuel additives, and paraffin control offerings.

Emerging players

• M-KOPA: Leading African pay-as-you-go solar home systems provider. Comparable to Nevadic's renewable energy deployment track record and represents the emerging distributed clean energy model Nevadic's ZEBRAS project targets.
• BBOXX: UK-based solar energy provider focused on emerging markets across Africa and Asia. Directly comparable to Nevadic's distributed renewable energy deployment business and similar Energy-as-a-Service ambitions.

Others

• Eco Atlantic Oil & Gas: West Africa-focused upstream oil & gas company with Nigerian interests. Comparable as a regional ecosystem peer that shares the same Nigerian/Cape Verde customer and operator landscape as Nevadic.

Regional players

• Oando Energy Services: Nigerian-focused oilfield services company historically providing drilling, completion, and production services to local operators — directly comparable to Nevadic in geography, customer base, and service portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nevadic-oilfield-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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 Nevadic Limited