Advisors ReportsAdvisors Reports
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Search

Archives

  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024

Categories

  • Advertorial
  • Concession
  • Distribution
  • Documentary
  • Downstream
  • Editorial
  • Energy Transition
  • Environment
  • Extractive Industry
  • Feature
  • Finance
  • Gas
  • Generation
  • Green Finance
  • Hospitality
  • Hydrogen
  • Hydroplant
  • Impact
  • Interview
  • Local Content
  • Maritime
  • Midstream
  • Mining
  • Mining & Solid Mineral
  • Multilateral Finance
  • News
  • Nuclear
  • Oil
  • Oil & Gas
  • Oil theft
  • Opinion-editorial
  • Photo News
  • Power
  • Renewables
  • Review
  • Sabotage
  • Security
  • Service Company
  • Solar
  • Special Project
  • Special Report
  • Sustainability
  • Technology
  • Transmission
  • Upstream
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: NNPC/Heirs Energies OML 17 JV becomes first to sign, execute Nigeria’s gas flare commercialisation agreements
Share
Sign In
Notification Show More
Font ResizerAa
Advisors ReportsAdvisors Reports
Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
UpstreamGasMidstreamNewsOil & GasPowerSustainability

NNPC/Heirs Energies OML 17 JV becomes first to sign, execute Nigeria’s gas flare commercialisation agreements

admin
admin
Share
4 Min Read
SHARE

…five approved offtakers to capture flare gas for power, industrial use, LPG, CNG

Oredola Adeola

- Advertisement -
Ad image

The NNPC/Heirs Energies OML 17 Joint Venture has emerged as the first operator to commence agreement-signing and structured commercial execution for Nigeria’s Gas Flare Commercialisation Agreements under both the NGFCP and approved non-NGFCP frameworks.

This milestone advances a broader commercialisation and environmental-stewardship agenda, enabling flare-gas volumes across OML 17 to be captured and utilised for power generation, industrial applications, LPG and CNG.

The NGFCP and non-NGFCP flare-gas commercialisation signing ceremony for OML 17, attended by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian National Petroleum Company Limited (NNPC) / NUIMS, and five designated gas-offtake firms was held in Lagos.

The ceremony marks a significant transition from regulatory approvals to structured commercial execution, enabling flare gas volumes across OML 17 to be captured and deployed for productive use, including power generation, industrial applications, LPG and CNG, in alignment with Nigeria’s gas development priorities and energy- transition objectives.

The agreements bring together Heirs Energies, as operator of the OML 17 Joint Venture, and approved flare gas offtakers – AUT Gas, Twems Energies, Gas & Power Infrastructure Development Limited (GPID), PCCD and Africa Gas & Transport Company Limited (AGTC) – under frameworks designed to eliminate routine flaring while converting previously wasted resources into economic value.

Engr. Seyi Omotowa, Chief Upstream Investment Officer of NUIMS, representing NNPC Limited, in his statement, described the milestone as a practical demonstration of Nigeria’s commitment to gas-based development.

“For us at NNPC Limited and NUIMS, flare gas commercialisation is not a compliance exercise; it is a strategic pathway to improving energy availability, deepening gas-based industrialisation and strengthening Nigeria’s position as a responsible energy producer.

“OML 17 has become a practical model of this vision, moving decisively from approval to delivery.”

He commended Heirs Energies for disciplined execution and investment, noting that the JV continues to set benchmarks for operational delivery and gas development within Nigeria’s upstream sector.

Engr. Gbenga Komolafe, Commission Chief Executive NUPRC represented at the event, reaffirmed the Commission’s support for the project, describing flare gas commercialisation as a cornerstone of Nigeria’s decarbonisation pathway under the Petroleum Industry Act (PIA) 2021.

“This ceremony demonstrates Heirs Energies’ commitment to eliminating routine gas flaring across OML 17 and aligns fully with the Commission’s Gas Flare Commercialisation Programme and national energy and emission-reduction objectives,” the NUPRC representative said.

Osa Igiehon, Heirs Energies’ Chief Executive Officer, on his part, noted that the agreements reflect the company’s broader gas-led strategy and brownfield excellence approach, focused on creating long-term value for Nigeria. “Gas sits at the heart of Nigeria’s development journey.

“Through disciplined investment, partnership with regulators and credible offtakers, and a clear execution focus, we are converting waste into value, strengthening domestic energy supply and supporting responsible operations across OML 17,” he said.

Advisors Reports gathered that the NGFCP and Non-NGFCP flare gas projects build on recent operational progress by the OML 17 Joint Venture, including a significant increase in gas delivery to the domestic market through brownfield interventions and infrastructure optimisation.

The company stated that the JV has also continued to deepen its host-community partnerships through targeted healthcare interventions, education support and skills-development programmes across its areas of operation.

The OML 17 NGFCP initiative reinforces Nigeria’s position as a gas-led economy, supporting domestic power generation, industrial growth and responsible resource development while advancing the country’s energy-transition objectives.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
Previous Article President Tinubu drops Ramat, nominates Musiliu Oseni as substantive NERC Chairman
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Recent Posts

  • NNPC/Heirs Energies OML 17 JV becomes first to sign, execute Nigeria’s gas flare commercialisation agreements
  • President Tinubu drops Ramat, nominates Musiliu Oseni as substantive NERC Chairman
  • NDPHC restores Geregu 450MW plant after scheduled maintenance 
  • FG introduces willing-buyer mechanism to attract private investment in transmission load centres, substations, transformers
  •  Governor Adeleke signs Osun state Electricity Market Regulatory bill

Recent Comments

No comments to show.
Follow US
© 2022 AdvisorsReports. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?