Skip to content

Gossip News

All gossip news and events

Konga Advert
Menu
  • Home
  • Business & Economy
  • Local News
  • Politics
  • World News
  • Privacy Policy
Menu

Emadeb Petroleum Exploration & Production company achieves first oil from Ibom field

Posted on November 17, 2025 by Admin

Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P) has announced 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.

See also  Constitution Review Committee approves creation of additional state in S’East

 

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

 

See also  Army rescues 14 kidnap victims, foils multiple terrorist attacks in 24 hours

“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.

See also  NDLEA destroys 7 hectares of Cannabis in Kogi

 

Related Posts

  • Production Sharing Contract and Nigeria’s pursuit of increased crude oil production, by Akpandem James

    Just about this time last year, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced an…

  • Nigeria on track to hit 2m bpd oil production by 2027 – NNPC

    Nov. 3,  2025 The Nigerian National Petroleum Company Limited (NNPC Ltd.), says Nigeria remains on…

  • OPEC
    Oil prices drop more than 3% as OPEC+ plans for oil output hike

    September 29, 2025 Oil prices fell by nearly 3.5% on Monday as OPEC+ plans for…

ADVERTISEMENT

NCC Advert

Tinubu Advert

Advert

Recent Posts

  • Alleged Emefiele’s $4.5bn Fraud : Court Adjourns Forensic Inspection of Exhibit to January 2026
  • FG closes 41 Unity Colleges over insecurity
  • Education district IV hosts Duke of Edinburgh, Prince Edward
  • Tinubu, Oborevwori and Delta security, by Ray Umukoro
  • Reps resume hearing on alleged N1.2trn agric intervention fund misappropriation

Categories

  • Home
  • Business & Economy
  • Local News
  • Politics
  • World News
  • Privacy Policy

ADVERTISEMENT

Recent Posts

  • Alleged Emefiele’s $4.5bn Fraud : Court Adjourns Forensic Inspection of Exhibit to January 2026 November 22, 2025
  • FG closes 41 Unity Colleges over insecurity November 22, 2025
  • Education district IV hosts Duke of Edinburgh, Prince Edward November 22, 2025
  • Tinubu, Oborevwori and Delta security, by Ray Umukoro November 20, 2025
©2025 Gossip News

...
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None