Heirs Energies Joins AEW 2025 As Bronze Partner, Eyes 110,000 Barrels Per Day By 2030

Posted on August 26, 2025

Nigerian independent oil and gas producer, Heirs Energies, has confirmed its participation as a Bronze Partner at African Energy Week (AEW): Invest in African Energies 2025, taking place in Cape Town from September 29 to October 3. The partnership comes as the company pursues ambitious growth plans, including doubling its oil output by 2030 and expanding its footprint across Africa.

Operator of OML 17 in Nigeria, Heirs Energies has already doubled production from 25,000 barrels per day (bpd) to 50,000 bpd since acquiring the asset from Shell in 2021. The company aims to further scale production to 110,000 bpd within the next five years, supported by additional drilling, well reactivations and infrastructure upgrades.

Beyond Nigeria, Heirs Energies is leveraging its operational expertise to pursue new opportunities across the continent. The company combines responsible operations with innovative production strategies to enhance efficiency, foster community development and advance sustainable energy outcomes.

In line with its commitment to local content development, Heirs Energies recently launched a merit-based scholarship program for youth in the host communities of OML 17. Managed through the OML Host Communities Development Trust – the largest in Nigeria’s oil and gas sector – the initiative provides educational opportunities for eligible candidates, contributing to long-term socioeconomic growth in the region.

“Heirs Energies’ rapid growth and commitment to community development demonstrate how African energy companies can drive both economic progress and social impact. By investing in local talent and expanding across the continent, they are setting a benchmark for sustainable, responsible energy development,” said Tomás Gerbasio, VP of Commercial and Strategic Engagement at the African Energy Chamber.

At AEW 2025: Invest in African Energies, Heirs Energies will engage with investors, policymakers and industry leaders to showcase its growth strategy, highlight new opportunities in Nigeria and across Africa, and reinforce its commitment to sustainable, community-driven energy development through its partnership with the event.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

PROSPER OKOYE  The call to prevent avoidable blindness in Nigeria must go beyond campaigns... Continue
Telecommunications investment in Nigeria is increasingly extending beyond telephone calls and internet access to... Continue
CHUKA UBAH In continuation of its 11-year tradition of compassion and humanitarian service, the... Continue
CYRIACUS IZUEKWE Nigeria’s 2027 general election is now 100 days away as the Independent... Continue
MICHAEL AKINOLA  A 49-year old man, Akeem Ajakaye, was arraigned before a Magistrate Court... Continue
EJIKE ABANA  Members of the Correspondents’ Chapel of the Nigeria Union of Journalists (NUJ),... Continue
MICHAEL AKINOLA  A joint venture agreement for the construction of 18 apartments has triggered... Continue
As organisations around the world mark Customer Service Week under the global theme “Going... Continue
Business tycoon and Chancellor of Ekiti State University (EKSU), Dr. Tunji Olowolafe, has unveiled... Continue
  Ukwa Ngwa appointees serving in the administration of Governor Alex Otti have rejected... Continue

UBA


Access Bank

Twitter

Sponsored