OUR HISTORY

Key Milestones in Our Growth

Formation of APUS Energy

APUS Energy DMCC is officially registered in the United Arab Emirates as a joint venture between Petromal Sole Proprietorship LLC and LUKOIL International DMCC – combining capital strength and upstream expertise.

May

2023

July

2023

Establishing Local Presence in Guinea-Bissau

APUS Energy Guinea-Bissau SA is incorporated as a wholly owned subsidiary, enabling direct in-country engagement and operational readiness.

Acquisition of Strategic Offshore Licenses

APUS Energy signs an Asset Sale and Purchase Agreement with PetroNor E&P AB, acquiring a 100% interest and operatorship in two key offshore licenses:
• Sinapa (Block 2)
• Esperança (Blocks 4A and 5A)

July

2023

November

2023

Completion of Acquisition

The transaction with PetroNor is finalized following government approvals, granting APUS Energy full operational rights and paving the way for exploration activities.

Atum-1X drilling with Ocean BlackRhino

The rig arrives to drill Guinea-Bissau’s first-ever deepwater well in ~670 meters of water, marking a major technical milestone for the country and the company.

September

2024

August

2025

Completion of Strategic Investment in Mexico

APUS Energy executed the acquisition of a 25% indirect interest in the Amatitlán onshore project, marking its entry into Mexico’s upstream sector and expanding the company’s multi-regional portfolio.