Red Star at a Glance
Red Star Oil and Gas Limited is an integrated energy company with its operational headquarters in Nigeria and majoring its activities, in the sale and haulage of petroleum products, Natural Gas, Marine and Shipping Operations, Towage services, Coal exploration and exportation, Lubricant Production, and Retail stations . The Company has a significant end consumer presence in West Africa.
We began operations in 2007, focusing on wholesale and retail sections, which quickly expanded to establishing key subsidiaries with an organically developed position. Realizing its goal to be a multinational brand in order to capitalize on commodity opportunities in 2010, it acquired over 7 power stations in the Western and Northern parts of Nigeria, thereby expanding its activities to include Marine and Shipping Operations, Towage Services, Marine Haulage, Manufacturing of Lubricants, Coal production, haulage and Transportation, sale of Petroleum products.
In 2017, it entered new market in the Marine, Shipping and Towage sectors by the acquisition of a 26,500 metric Tonnes Tanker Vessel and an ASD Tug boat with a Bollard Pull of 61.0 T and a Dead Weight Tonnage of 150 and IMO number 9660786. In addition to these, in 2021, it made a ground breaking achievement, by the acquisition of (2) 2019 Tug boats with a length and beam of 28/10m.
Redstar Oil and Gas Limited has a reliable and efficient fleet of Five (5) Vessels, which includes, A Tanker Vessel, Three (3) ASD Tug Boats and a Tug Boat with a gross Tonnage of 21.00, Length of 26.37m and breath of 8.00M.
In the line of our business, we have explored, discovered and developed a variety of locations throughout the world as part of our strategy, to deliver value to all our stakeholders, and this means working in a safe, secure environmental and socially responsible manner.
Our mission is to become a leading market player by the implementation, innovation and dynamism in the energy market.