Saturday, February 7, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

NNPC/Heirs Energies JV seals flare-gas deals with 5 firms

Robert Imoh by Robert Imoh
December 9, 2025
in Business, News
0
NNPC/Heirs Energies JV seals flare-gas deals with 5 firms
1.6k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The NNPC/Heirs Energies OML 17 Joint Venture has signed flare-gas commercialisation agreements with five firms to cut flaring and expand domestic gas supply.

Heirs Energies’ Chief Executive, Mr Osa Igiehon, said in Lagos on Tuesday that the signing “advances Nigeria’s gas commercialisation and environmental stewardship agenda.

He said the deals were concluded under the Nigerian Gas Flare Commercialisation Programme and approved non-NGFCP frameworks.

The agreements involve AUT Gas, Twems Energies, Gas and Power Infrastructure Development Ltd., PCCD, and Africa Gas and Transport Company Ltd.

Officials said the initiative aims to end routine flaring and use previously wasted gas for productive domestic purposes.

Igiehon said the milestone moves the JV “from regulatory approval to full commercial execution,” enabling OML 17 flare gas to support power, industry, LPG and CNG.

He said the agreement highlights the JV’s gas-led strategy and long-term value creation for Nigeria.

“Gas sits at the heart of Nigeria’s development journey,” he said, adding that investment and credible partnerships are “converting waste into value.”

He said the projects build on recent improvements, including higher domestic gas deliveries through brownfield enhancements and infrastructure optimisation.

According to him, the JV has strengthened host-community engagement through health, education and skills programmes.

“With today’s symbolic signing, offtakers will now proceed to full project implementation,” he added.

The Chief Upstream Investment Officer of NUIMS, Mr Seyi Omotowa, said the milestone shows Nigeria’s commitment to gas-based growth.

“For us, flare-gas commercialisation is not just compliance; it is a strategic pathway to improving energy availability and deepening industrialisation,” he said.

He added that OML 17 “has become a model,” moving swiftly from approval to delivery.

He commended Heirs Energies for “disciplined execution and investment,” noting the JV’s benchmark performance in the upstream gas space.

The Chief Executive of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, represented by Mr Ojo Olalekan, a senior manager, reaffirmed regulatory support.

He described flare-gas commercialisation as central to Nigeria’s decarbonisation route under the Petroleum Industry Act.

“This ceremony demonstrates Heirs Energies’ commitment to eliminating routine flaring across OML 17,” he said.

He said the initiative aligns with national energy and emission-reduction goals.

Heirs Energies is an indigenous integrated energy firm focused on responsible operations, domestic gas expansion and strong community partnerships.

As operator of OML 17, the company says it remains committed to brownfield excellence and sustainable energy delivery.

Share25Tweet16Send
Previous Post

Nigerian Air Force reveals destination of its jet which landed in Burkina Faso

Next Post

Stock market loses N311bn

Related Posts

Alt="Vice President Kashim Shettima"
Breaking News

Kwara killings: Shettima says ‘security issues are sensitive, we can’t divulge our strategy now’

February 7, 2026
Rivers PDP Elders to Wike: What sin did we commit by visiting  Atiku?
Breaking News

Wike: In 2027, Rivers is a no-go area for other presidential candidates, we are totally for Tinubu

February 7, 2026
Faith and Diplomacy Unite: Senator Oluremi Tinubu’s Impactful Presence at Trump’s Prayer Breakfast Marks a New Dawn for Nigeria-U.S. Relations – Dr Olukayode Ajulo, OON, SAN
Breaking News

Faith and Diplomacy Unite: Senator Oluremi Tinubu’s Impactful Presence at Trump’s Prayer Breakfast Marks a New Dawn for Nigeria-U.S. Relations – Dr Olukayode Ajulo, OON, SAN

February 7, 2026
Next Post
Stock market loses N311bn

Stock market loses N311bn

Kogi unveils free trade zone, set to attract $2–$5bn FDI in 7 years

Kogi unveils free trade zone, set to attract $2–$5bn FDI in 7 years

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

  • Ifunanya Nwagene’s snake bite complications: Our defence, by Federal Medical Centre, Abuja

    Ifunanya Nwagene’s snake bite complications: Our defence, by Federal Medical Centre, Abuja

    67 shares
    Share 27 Tweet 17
  • Anti-terror fight: U.S. soldiers arrive Nigeria

    67 shares
    Share 27 Tweet 17
  • With Agbu Kefas’ defection, APC now has 30 governors

    65 shares
    Share 26 Tweet 16
  • Old Oyo National Park killings: Seven arrested (see names)

    65 shares
    Share 26 Tweet 16
  • Ademola Lookman on target in Atlético debut; records assist, makes history in style

    65 shares
    Share 26 Tweet 16
  • Police officers allegedly assault content creator, Ijoba Lande, brother; steal iPhone 16 Pro Max, $1,200

    65 shares
    Share 26 Tweet 16

Latest Stories

Alt="Vice President Kashim Shettima"

Kwara killings: Shettima says ‘security issues are sensitive, we can’t divulge our strategy now’

February 7, 2026
Rivers PDP Elders to Wike: What sin did we commit by visiting  Atiku?

Wike: In 2027, Rivers is a no-go area for other presidential candidates, we are totally for Tinubu

February 7, 2026
Faith and Diplomacy Unite: Senator Oluremi Tinubu’s Impactful Presence at Trump’s Prayer Breakfast Marks a New Dawn for Nigeria-U.S. Relations – Dr Olukayode Ajulo, OON, SAN

Faith and Diplomacy Unite: Senator Oluremi Tinubu’s Impactful Presence at Trump’s Prayer Breakfast Marks a New Dawn for Nigeria-U.S. Relations – Dr Olukayode Ajulo, OON, SAN

February 7, 2026
Court grants INEC permission to reconfigure BVAS

Beyond the compulsory real-time transmission of results, by Temitope Ajayi

February 7, 2026
Deadly wish, by Funke Egbemode

Things you shouldn’t do for a man, by Funke Egbemode

February 7, 2026
NIS clears air on alleged passport disqualification claims

NIS clears air on alleged passport disqualification claims

February 7, 2026
FCT mock polls: Amupitan expresses satisfaction with BVAS performance

FCT mock polls: Amupitan expresses satisfaction with BVAS performance

February 7, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.