The Saharaverse
With roots in the African continent, we are committed to making a difference globally across the energy value chain.
Operations
From Africa to Asia, Europe, and the Middle East, we deliver with safety, excellence, and purpose at scale.
History
Three decades of innovation and excellence in value creation.
Bold Beginnings
1996 – 2002
Timeline
1996
Sahara Energy Resource Limited was established to trade petroleum products.
1998
Sahara’s trading hub was relocated from Lagos, Nigeria to Geneva, Switzerland.
2000
Established a footprint in West Africa by commencing business operations in Accra, Ghana.
2001
Expanded its African footprint by establishing an office in Abidjan, Côte d’Ivoire.
2002
Built and commissioned one of the first ‘non Major-operated’ storage depots in Nigeria.
Breaking Frontiers
2003 – 2007
Timeline
2003
Acquired a major stake in an onshore marginal field located in the oil producing Niger Delta region.
2006
Registered as the first local off-taker of LNG from NLNG.
2007
Entered the power sector via acquisition of equity stake in Egbin Power Plc, the largest power plant in Sub Saharan Africa.
2009
We broke new ground as the first Nigerian company to launch a trading entity in Singapore, cementing our status as a global player.
Global Momentum
2009 – 2014
Timeline
2009
Expanded operations into Asia and became the first Nigerian company to establish a trading company in Singapore. Became the first indigenous aviation fuel marketing company with an International Air Transport Association (“IATA”) certification in Nigeria.
2011
Acquired a major stake in an onshore marginal field located in the oil producing Niger Delta region.
2012
Sealed its status as a multinational after crossing the 11-digit (US$) revenue mark.
2013
Acquired equity stake in First Independent Power Ltd and Ikeja Electric Plc, the latter being the largest electricity distribution company in Nigeria. We grew our operational presence across 4 continents and increased our staff strength, made up of over 50 nationalities, from 300.
2014
Achieved “First oil” from Oki-Oziengbe Field, OML 148.
Integrated Impact
2015 – 2019
Timeline
2016
Expanded business operations into Zambia, East Africa and established trading operations in Guinea Conakry.
2017
Consolidated its downstream businesses in petroleum trading, marketing, distribution and storage to form Asharami Synergy Plc. Commissioned two Liquefied Petroleum Gas (“LPG”) vessels in its commitment to satisfying energy requirements across Africa.
2019
Signed an MOU with United Nations Development Programme (“UNDP”) to partner for affordable and sustainable energy in Sub-Saharan Africa. Asharami Synergy Plc awarded the ISO 9001:2015 Certification for its world class quality management system.
2025
A new era of infrastructure was marked by the commissioning of FSO Cawthorne, Nigeria’s first new crude oil terminal in 50 years, and the successful lift of 950,000 barrels of first oil. By 2026, our fleet expanded further with the commissioning of two additional LPG vessels: MT Iyaloja and MT Asharami Ghana, bringing us to a total of 6 vessels acquired over the years.
Impact Accelerated
2020–2022
Timeline
2015
Expansion into East Africa with the acquisition of 35m Litre storage tanks in Dar es Salaam, Tanzania. Post takeover, Egbin power plant hits installed generation capacity of 1320MW.
2020
Spearheaded major Covid-19 interventions across Africa including delivery of the 300 bed ThisDay Dome isolation and treatment centre alongside other.
2021
25 years of Bringing Energy to Life Responsibly.
Asharami Energy achieves 2 million LTI-free manhours. Offtake of its first LNG cargo from Nigeria LNG Limited.
2022
Acquired 2 additional LPG vessels, MT SAPET and MT Barumk to increase access to clean energy to Africa.
Endless Possibilities
2023–2026
Timeline
2023
Celebrated 100 days of uninterrupted power supply to Ajoki Community delivered by Sahara.
Unveiled 2060 net zero plan to drive sustainability.
Launch of Asharami Innovations, the dedicated technology arm of the Group.
2024
Asharami Energy recorded 4 Million LTI-free manhours in its operations.
Launched Asharami Groves planting 2,000 tress annually across Africa.
2025
Asharami Innovations launches its flagship product, PayS, followed by the integration of the PayS Marketplace within the application.
Launch of Arahas Global Oilfield Services.
Acquired 4 rigs to significantly scale production capabilities.
Commissioned a 12,000MT LPG Storage facility in Côte d’Ivoire.
Acquired PPL 270 & 271.
Commissioning of FSO Cawthorne; Nigeria’s first new crude oil terminal in 50 years.
2026
Achieved first oil lift of 950,000 barrels from FSO Cawthorne.
Asharami Energy recorded 6 Million LTI-free manhours in its operations.
Commissioning of new LPG vessels, MT Iyaloja and MT Asharami Ghana.
Celebrating 30 years of Making a Difference.



