Heirs Energies Bags SAIPEC ‘Independent Company of the Year’

Peter Uzoho

Heirs Energies, one of Africa’s leading indigenous integrated energy company, has been awarded the Independent Company of the Year at the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2025 hosted by the Petroleum Technology Association of Nigeria (PETAN).

The recognition highlights the company’s commitment to operational excellence, innovation, and production growth, reinforcing its position as a leader in Africa’s energy sector.

The award validates Heirs Energies’ belief that Africa’s energy future will be defined by action, not just dialogue.

Four years ago, the company took over the prolific oil mining leade (OML) 17 with a clear mission: to transform a brownfield asset into a model of efficiency and growth.

Since then, Heirs Energies said it has doubled hydrocarbon production to over 60,000 barrels per day (bpd), reactivated more than 60 wells in record time, and increased terminal delivery rates from three to 90 per cent and significantly enhancing operational efficiency.

The Tony Elumelu-owned oil firm noted that it has also expanded domestic gas supply, fueling industries, power plants, and communities, thus solidifying its role in Nigeria’s energy security agenda.

Speaking on the award, Chief Executive Officer of Heirs Energies, Mr. Osayande Igiehon, reaffirmed that this achievement serves as an impetus for more progress.

Osayande emphasized that challenges in the oil and gas sector were not obstacles but opportunities for innovation, collaboration, and bold execution.

He further reiterated the company’s commitment to optimizing production and ensuring that every molecule of energy contributes to Africa’s economic and industrial growth.

He added that the milestone also reflects the strong partnerships Heirs Energies has built with regulators, joint venture partners, host communities, and government agencies.

He noted that thededicated equally remains dedicated to sharing its expertise in brownfield engineering, contributing to the growth of the broader industry.

.SAIPEC, hosted by PETAN 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 recognizes companies that have demonstrated exceptional operational efficiency, innovation, and impact in Africa’s energy development

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.

The company prides itself as 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.