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Heirs Energies bags ‘Independent Company of the Year’ award at SAIPEC 2025

By Guardian Nigeria
14 February 2025   |   3:54 am
Heirs Energies, an indigenous integrated energy company, has been awarded “Independent Company of the Year” at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2025. 

Heirs Energies, an indigenous integrated energy company, has been awarded “Independent Company of the Year” at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2025. 

   
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 award is a validation of Heirs Energies’ 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 of transforming a brownfield asset into a model of efficiency and growth.
   
Since then, Heirs Energies 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 3 per cent to 90 per cent, significantly enhancing operational efficiency. 

The company 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, Osayande Igiehon, the Chief Executive Officer (CEO) of Heirs Energies reaffirmed that this achievement serves as an impetus for more progress. He 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, 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.

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