5 days ago
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Heirs Energies, Africa’s leading indigenous integrated energy company, has been awarded the ’Independent Company of the Year’ at the just-concluded Sub-Saharan Africa International Petroleum Exhibition and Conference.
This recognition highlights Heirs Energies’ commitment to operational excellence, innovation, and production growth, reinforcing its position as a leader in Africa’s energy sector.
The company said the award is a validation of its belief that Africa’s energy future will be defined by action, not just dialogue.
Four years ago, the company took over OML 17 with a clear mission to transform a brownfield asset into a model of efficiency and growth.
Since then, the energy firm has doubled hydrocarbon production to over 60,000 barrels per day, reactivated more than 60 wells in record time, and increased terminal delivery rates from three per cent to 90 per cent, significantly enhancing operational efficiency.
The company said it has also expanded its domestic gas supply, fueling industries, power plants, and communities, solidifying its role in Nigeria’s energy security agenda.
Speaking on the award, the Chief Executive Officer of Heirs Energies, Osayande Igiehon, reaffirmed that this achievement serves as an impetus for more progress.
Igiehon emphasised that challenges in the sector are not obstacles but opportunities for innovation, collaboration, and bold execution.
He further reiterated the company’s commitment to optimising production and ensuring that every molecule of energy contributes to Africa’s economic and industrial growth.
“This milestone also reflects the strong partnerships Heirs Energies has built with regulators, JV partners, host communities, and government agencies. The company remains dedicated to sharing its expertise in brownfield engineering, contributing to the growth of the broader industry,” he stated.
SAIPEC, hosted by the Petroleum Technology Association of Nigeria in collaboration with African and global partners, is Sub-Saharan Africa’s premier petroleum exhibition and conference, bringing together industry leaders, policymakers, and investors.
The Independent Company of the Year award recognises companies that have demonstrated exceptional operational efficiency, innovation, and impact in Africa’s energy development.
Igiehon mentioned that this recognition cements Heirs Energies’ position as a transformational force in the industry, driving production growth, operational excellence, sustainability, and energy sufficiency for Africa’s future.
Heirs Energies Limited is one of Africa’s leading indigenous-owned integrated energy companies, committed to meeting Africa’s unique energy needs while aligning with global sustainability goals.
