Our board and management steers the affairs of the Group through decision-making, strategy, policymaking and management oversight. It ensures the sustainability of the Group’s business and adherence to international best practices in operations
Fairfax Oilfield Services
Springfield acquired a permit to provide technical and logistical support services to the upstream petroleum industry in Ghana in 2011.
These services include: supply of vessels and other forms of logistics, subsea equipment, oil-rigs, marine construction, equipment and maintenance services. Front end engineering design, Reservoir management solutions, Production optimization solutions, Brown field re-development planning, Green field development planning, Asset management services, and well engineering services.
Joint Venture Partnership
In 2015 one of Springfield’s subsidiaries entered into a joint venture agreement with Aker Solutions of Norway. Aker Solutions is one of the world’s largest companies that provide technical expertise, equipment (including subsea equipment) and services throughout the lifecycle of an oilfield from exploration to decommissioning. The joint venture Company operates in Ghana as Aker Solutions Ghana Limited.
Fairfax Energy
We provide tailored solutions to clients in the oil and gas industry in the areas of logistics, protocol, vehicle leasing, recruitment, staff placement and contract management (employee out-sourcing services), supply, training and consultancy services.
Springfield Energy
Springfield commenced trading operations in 2008 to meet the local demand for imported refined products as well as crude oil and became one of the pioneer players in Ghana’s downstream sector.
We obtained a license in 2010 as a Bulk Distribution Company (BDC) from Ghana’s National Petroleum Authority (NPA) for the procurement, sale and distribution of petroleum products to Oil Marketing Companies (OMC’s) and refineries.
Leading exporter of refined product
Over a period of five (5) years, we supplied 12.5% of Ghana’s petroleum products requirement and exported refined products to neighboring land-locked countries such as Mali and Burkina Faso in the West Africa sub-region. We were also the first independent Ghanaian entity to lift the Government of Ghana’s crude oil entitlement from the TEN field in 2016 and 2017.
Springfield Ashburton-Exporting crude oil
The Group ventured into Nigeria in 2011 where we became active in Nigeria’s downstream sector by exporting crude oil. We also successfully handled the export of a new gas to liquid product (condensate) with the attendant complex logistics. These products were placed directly in Asia, South America and parts of Europe.
Business Model
Supporting our policy of social investments are the acquisition, exploration and production of our upstream assets, infrastructure and storage facilities.
