Energia marks 25 years, targets 20,000 bpd expansion

Indigenous energy firm, Energia Limited, has announced the commencement of activities to mark its 25th anniversary, highlighting a quarter-century of operational resilience, innovation, and value creation in Nigeria’s oil and gas sector.

Established in 2001 by Nigerian petroleum professionals, many of whom were core members of the Petroleum Technology Association of Nigeria, Energia was founded to demonstrate the technical and operational capabilities of indigenous companies within the nation’s energy landscape.

Reflecting on the milestone, the Chairman of Energia, George Osahon, described the anniversary as a tribute to the people and strategic partnerships that shaped the company’s trajectory.

“Reaching 25 years is an important moment for Energia and a tribute to the vision, resilience, and collective commitment of everyone who has contributed to the company’s journey,” Osahon said.

“As we celebrate this milestone, we recognise the foundation laid by our founders, employees, host communities, partners, and stakeholders. That foundation gives us confidence as Energia continues to build responsibly for the future,” he added.

Over the past two decades, the company has evolved from an exploration and production entity into an integrated energy provider with assets spanning crude production, gas processing, storage, and export infrastructure. A key turning point came in 2009 when the firm achieved First Oil from the Ebendo/Obodeti field in Delta State.

Between 2010 and 2013, Energia partnered with Xenergi to install a 25 million standard cubic feet per day gas processing plant. By 2012, the company reprocessed its 3D seismic data, completed its first development well, and crossed one million barrels in cumulative crude output.

Subsequent facility upgrades expanded its flow station capacity to 8,000 barrels of oil per day and 25 MMSCFD of gas in 2014, driving cumulative crude production to five million barrels in 2016 and 10 million barrels by 2020.

Since 2021, the firm has completed a produced-water treatment plant, acquired new 3D seismic data, and drilled two additional wells in the northern section of the field, with ongoing efforts to scale field capacity to 20,000 bpd.

Beyond upstream assets, Energia has secured interests in the Ugbo and Irigbo marginal fields and is currently developing a 5,000 bpd crude distillation unit at Onshore Kwale, Delta State, to deepen its downstream footprint.

Speaking on the roadmap for the company, the Managing Director and Chief Executive Officer of Energia, Oladimeji Bashorun, stated that the next phase of growth would prioritise disciplined execution and operational efficiency.

“Twenty-five years is a significant milestone in Energia’s journey, and it is an opportunity to reflect on the vision, determination, technical capability, and partnerships that have shaped our growth,” Bashorun said.

“As we honour our legacy, we are equally focused on the future. Our next chapter will be defined by operational excellence, responsible energy development, innovation, strategic growth, and stronger partnerships,” he noted.

He added that the company will roll out a five-month anniversary programme under the theme, ‘Honouring Energia’s Legacy. Shaping Tomorrow’s Energy,’ featuring industry stakeholder engagements, community impact initiatives, and discussions on the future of Nigeria’s energy sector.