Neconde Energy Limited

Neconde Energy Limited is a Local exploration and production company. Neconde consurtium bought the OML42 OML 42 is a large oil concession containing previously-discovered oil fields in the Niger Delta area onshore Nigeria. The remaining 55 per cent participating interest in OML 42 is currently held by the Nigerian National Petroleum Corporation�s exploration and development unit, Nigerian Petroleum Development Company Limited (NPDC), which is the operator of the block. The current joint venture is made up of Neconde and NPDC.