Heirs Energies, Africa’s foremost indigenous-owned integrated energy company, commemorated its third anniversary.
In a short timescale, Heirs Energy has implemented a track record of significant production increases, pioneered a new model of community engagement, and built a world-class Nigerian management team, all contributing to a new beginning in ensuring Nigeria’s sustainable energy future.
Heirs Energies launched in January 2021, following the completion of an eight-year, $1.2 billion transaction to acquire oil license OML17, from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited, and ENI, and solidifying the joint venture partnership with the NNPC.
The Chairman of Heirs Energies, Tony O. Elumelu, CFR, expressed his pride while reflecting on his vision for Heirs Energies.
He stated, “As someone from the Niger Delta, I had seen first-hand how Nigeria’s resource wealth can be mishandled. The energy sector was an industry that had frankly not served Nigeria’s interest. I knew Nigeria could do better and control her destiny. My vision was to build Africa’s largest indigenous-owned integrated energy company, focused on Africa’s unique energy needs. As I look back now, we have more than succeeded.”
Heirs Energies has become a role model institution within the energy sector. Milestones, and achievements within three years of operations include:
Elumelu commended the team, sharing his deep gratitude for their commitment to his vision of creating value for all stakeholders within the energy sector.
He said, “I want to take this opportunity and mark this anniversary, by saluting and thanking the Heirs Energies team, led by Managing Director/CEO, Osa Igiehon. Your hard work, dedication, and expertise have enabled us to become a role model within the energy sector, as we strive towards our purpose of improving lives and communities across our continent.”
Heirs Energies recognises the importance of a sustainable future and plans to play a role in Nigeria’s transition to a more sustainable energy source. The journey reflects a commitment to bring abundant and affordable power to schools, hospitals, and industries, shaping a sustainable future for Africa.
Heirs Energies Limited (formerly known as Heirs Holdings Oil & Gas Limited) is Africa’s largest 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 contributes to a more prosperous Africa.
