Tuesday, March 10, 2026
26.9 C
Lagos

Emadeb Petroleum Achieves First Oil from Ibom Field

Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P) is proud to announce the achievement of first oil from the Ibom Field (PPL 236), marking another milestone in Nigeria’s upstream oil and gas industry.

Following sustained investment, technical rigour and collaborative effort, Emadeb E&P has commenced commercial production from Ibom Field.

This achievement underscores Emadeb E&P’s emergence as a fully integrated energy player and highlights the pivotal role of indigenous operators in advancing Nigeria’s energy security and economic diversification.

It also aligns with the Federal Government of Nigeria’s vision and aspiration to increase the nation’s crude oil production.

Ibom Field

Located approximately 30 kilometres offshore, Ibom Field was originally discovered in 1979. The field boasts significant in place volume of 103 million barrels of oil.

Since its acquisition in the 2020 Marginal Field Bid Round, Emadeb E&P has invested over $100 million in a phased field development programme. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approved the Ibom Field Development Plan (FDP) in November 2024.

Key Technical Milestones

  • Successful drilling and completion of the Ibom-03 well in September 2023.
  • Integration of a Mobile Producing Offshore Unit (MOPU) completed in June 2025.
  • Commissioning of the Ibom Field Mooring System in September 2025.
  • First oil achieved in October 2025. 

Demonstrating Indigenous Capacity and Strategic Partnership

“This milestone reflects our deep commitment to unlocking Nigeria’s hydrocarbon potential through homegrown expertise, strong partnerships, and disciplined investment,” said Adebowale Olujimi, CEO, Emadeb E&P.

Olujimi declared: “We are proud to contribute to Nigeria’s energy goals, foster local content, create jobs, and deliver sustainable value.”

The Ibom Field development showcases effective collaboration between the private sector and government institutions and stands as a model for marginal field commercialisation and indigenous capacity development in the upstream sector.

The Ibom Field stands as a testament to what is achievable when strategic intent meets execution excellence.

Looking Ahead

Emadeb E&P is now preparing for Phase 2 development to drill two additional wells that will triple production by Q4 2026. The company remains focused on operational excellence, environmental stewardship, safety, and community engagement.

 

spot_img
spot_img
spot_img

Hot this week

IWD 2026: Ecobank Nigeria Unveils Enhanced ‘Ellevate’ Programme to Accelerate Growth for Women Entrepreneurs

Ecobank Nigeria, a subsidiary of the leading pan-African financial...

‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

Godfrey Adejumoh, a seasoned top-performing Global Business Communications Strategist...

IWD 2026: Why Women’s Inclusion is Central to Nigeria’s Democratic Future

As the global community commemorates International Women’s Day 2026...

CBN: N4tn Capital Raised, Verified in Sector Recapitalisation as at Feb 19

The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi...

Tinubu: Oyedele In, Uzoka-Anite Out as Minister of State for Finance

President Bola Ahmed Tinubu has nominated Mr Taiwo Oyedele...

Topics

Samsung, Apple Push Healthcare Market to $3bn by 2019

Healthcare focused smartphone interfaces launched by Samsung and Apple...

National Association of Microfinance Banks at NSE

L – R shows Mr. Oscar N. Onyema, Chief...

Access Bank Grows Q3 Profit to N72bn

Access Bank Plc has announced an impressive profit of...

NSE President’s Courtesy Visit to DG, SEC

L:R: Mr. Mounir Gwarzo, Director General (DG), Securities and...

CTO, Zain: “Data Growth is Biggest Challenge in Today’s Telecom Market”

  Yousef Abu Mutawe, CTO, Zain, Jordan will deliver the...

NAICOM Seeks Partnership with Marine & Blue Economy Min on Insurance Policies

The Executive Management of the National Insurance Commission (NAICOM)...

Global Smartphone Sales Tops 344m Units in 2nd Qtr

Global sales of smartphones to end users totaled 344...

NCDMB Visits MT Group’s Facilities, Pledges Support for Firm’s Valves Manufacturing Plans

A delegation from the Nigerian Content Development and Monitoring...
spot_img

Related Articles

Popular Categories

spot_imgspot_img