Our Projects
Explore Our Projects: Witness the Evolution of Energy and Power
Step into the realm of innovation and sustainability with 3F Capital Limited. Since our establishment in 2015, we’ve been trailblazing in the energy sector, spanning across oil, gas, and renewables. Our projects stand as testaments to our vision of value creation and sustainable growth. Dive into our portfolio and discover how we’re reshaping the future of energy, one project at a time.
Ossiomo Industrial Park
Project Sponsors: Ossiomo Investments Limited & Edo State Government
Project: Development of Industrial Park (Power, Marine and Urea Facilities)
3F Capital Role: Project Development
Location: Ologbo, Edo State, Nigeria
Current Status: Ongoing. Two power plants – 55MW and 40MW have been commissioned and are in operation to provide power to the Benin Industrial and Enterprise Park and local communities in Ologbo, Ikpoba Okha Local Government Area of Edo State. The other development phases include the development of marine facilities and urea plant.
Methanol and Ammonium Bicarbonate Project
Project Sponsor: Supertech Chemical Industry Limited
Project: Development of a 100,000 metric tons per annum Methanol and 160,000 metric tons per annum Ammonium Bicarbonate Project
3F Capital Role: Project Development
Location: Ondo-Linyi Industrial Hub, Ondo State, Nigeria
Current Status: Construction Ongoing. Plant has been relocated, construction and installation ongoing. The project is expected to be completed Q4 2024.
Obama Flare Gas Utilisation Project
Project Sponsors: Alphaden Energy & Oilfield Services Limited
Project: Development of 20mmscfd mini-Liquefied Natural Gas (mini-LNG) facility using flare gas from Obama field in OML 63.
3F Capital Role: Project Development and Fund Raising
Location: Okoroma, Bayelsa State, Nigeria
Current Status: Ongoing. The Obama project pioneered flare gas utilization in Nigeria. $60m Afrexim facility has been secured for the project development. Engineering activities are in progress and the finalization of funding currently underway.
5 MMSCFD Mini-LNG Project
Project Sponsors/Owners: Topline Limited & 3F Capital Limited
Project: Development of a 5mmscfd mini-Liquefied Natural Gas Facility.
Our Role: Project Development and Fund Raising
Location: Delta State, Nigeria
Current Status: Ongoing. Front-End Engineering Design and Detailed Engineering Design Completed, HAZOP is in progress. Secured funds and currently finalizing the fundraising process.
Nigerian Gas Flare Commercialisation Programme
Project Sponsor: Various
3F Capital Limited has been at the forefront of gas development projects in Nigeria. In 2020, we supported the bids preparation of 5 companies across 9 different flare sites. Unfortunately, the programme was cancelled.
In 2022, the Nigerian Gas Flare Commercialisation Programme was restarted. 3F Capital supported the competitive bids preparation of 5 companies across 16 different flare sites, resulting in the successful award of 9 flare gas to 4 of the 5 companies.
3F Capital is now the project development and fundraising consultant for the projects.
Delta Gas Gathering and Distribution Project
Project Sponsors: PCC Gas and 3F Capital Limited
Project: Development of 400,000 tons per annum Gas Aggregation and Distribution Project
Location: Koko, Delta State, Nigeria
Current Status: Ongoing. The Delta Gas Gathering and Distribution project is a pioneering hub for the aggregation, storage, export and distribution of gas via bimodal transportation – road and water.