Heirs Energies amplifies commitment to energy sufficiency in Africa
Targets 110,000 BPD output by 2030
CHIGOZIE AMADI
Heirs Energies, Africa’s leading indigenous-owned integrated energy company said it has increased commitment to making energy sufficiency a reality for millions in Africa, while ensuring that sustainability, innovation, and local capacity building remain at the heart of the company’s growth story.
Also ,the company says it plans to raise crude oil production from 50,000 barrels per day (BPD) to 110,000 BPD by 2030.
Dr Osa Igiehon, Chief Executive Officer of Heirs Energies Ltd , stated this while Speaking at an interactive session with energy and business journalists in Lagos, stressing that the engagement was aimed to strengthen ties with the media and promote transparency.
He addressed key issues, including Nigeria’s energy security, revitalising brownfield assets, the role of indigenous firms in oil and gas, and Heirs Energies’ sustainability and community development strategy.
Igiehon reaffirmed the company’s commitment to transparency, value creation, and Africapitalism — a philosophy emphasising private sector-led development in Africa.
“All our gas production is channelled to the domestic market, supporting national growth.
“There’s no better time to revitalise Nigeria’s oil and gas sector and increase crude production than now.
“Our contractors are 95 per cent indigenous, and we are a 100 per cent local content-driven company,” he said.
Addressing the importance of dialogue, Igiehon highlighted sector challenges including crude theft, infrastructure sabotage, energy insecurity, and policy uncertainty.
He emphasised Heirs Energies’ growth strategy as a model for Nigeria’s upstream sector.
Also speaking, Mr Sam Nwanze, Executive Director and Chief Financial Officer of Heirs Energies, detailed the company’s transformation of Oil Mining Lease (OML) 17.
He explained how the once underperforming asset, plagued by oil theft, was turned into a high-performing field, with over 95–100 per cent terminal delivery and 100 dormant wells reactivated.
Nwanze highlighted the company’s gas strategy, including the commissioning of the Agbada Non-Associated Gas Plant and scaling production to over 100 million standard cubic feet daily.
This positions Heirs Energies as a major supplier to the Eastern domestic gas market.
He underscored the company’s Africapitalism philosophy, strong local content, indigenous leadership, and impactful community programmes.
“Heirs Energies is 100 per cent Nigerian, operating at global standards.
“We are a wholly indigenous company run by Nigerians, for Nigerians — delivering international-standard performance, governance, and safety,” he said.
The company has recorded over 1.5 million man-hours without Lost Time Incidents, trained more than 300 youths, and awarded over 280 university scholarships in host communities.
It has also conducted medical outreaches benefiting over 20,000 people, distributed anti-malaria kits, and rehabilitated 4,500 square metres of roads in host communities.
Nwanze noted the company’s partnership with the Tony Elumelu Foundation, which has empowered over 1,000 Rivers indigenes through entrepreneurship programmes.
Looking ahead, he said Heirs Energies is exploring expansion into other African energy markets, including Namibia, Senegal, and Angola, leveraging its Brownfield Excellence model and local expertise.
Just recently Heirs Energies continued to amplify its commitment to energy sufficiency for Africa with a strong presence at two landmark events: the U.S.–Africa Energy Forum and the Namibia International Oil & Gas Conference 2025.
At both forums, Heirs Energies showcased its strategy of responsibly harnessing Africa’s vast natural resources to deliver energy security, drive industrialization, and create long-term shared prosperity.
At the USAEF in Houston, Texas, Osa Igiehon, CEO of Heirs Energies, joined global energy leaders and policymakers in high-level sessions examining the future of energy partnerships between the U.S. and Africa.
Speaking on Heirs Energies’ vision, Osa Igiehon emphasized that:
“Africa must define its energy future by leveraging both its abundant hydrocarbons and renewable resources. At Heirs Energies, we are committed to making energy sufficiency a reality for millions, while ensuring that sustainability, innovation, and local capacity building remain at the heart of our growth story.”
The forum provided a platform to strengthen dialogue with U.S. investors, technology providers, and government agencies on financing and innovation to accelerate Africa’s energy independence.
Following USAEF, Heirs Energies extended its strategic engagement to Namibia, one of Africa’s most exciting frontier markets for oil and gas. Osa participated in a high-profile panel session alongside international and regional operators, sharing perspectives on building responsible and inclusive energy industries across Africa.
On Namibia’s future, he noted: “This visit marks the beginning of a long-term engagement, with many more interactions to come as we explore opportunities to contribute meaningfully to Namibia’s energy story.”
Heirs Energies’ presence underscored its role not just as a Nigerian operator, but as a pan-African energy company committed to delivering energy solutions that balance commercial viability with societal impact.
Both engagements reflected Heirs Energies’ anchoring philosophy of Africapitalism, championed by its Founder and Group Chairman, Tony O. Elumelu, CFR. This philosophy asserts that the private sector must drive Africa’s development by investing in strategic sectors that create both economic prosperity and social wealth
Heirs Energies Limited is Africa’s leading indigenous-owned integrated energy company, committed to meeting Africa’s unique energy needs while aligning with global sustainability goals. Having a strong focus on innovation, environmental responsibility, and community development, Heirs Energies leads in the evolving energy landscape and contribute to a more prosperous Africa.
