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flag Nigerian firm Heirs Energies secures $750M from Afreximbank to expand OML 17 oil and gas operations.

flag Heirs Energies Limited, a leading Nigerian energy company, has secured a $750 million financing deal with Afreximbank, one of the largest for an African energy firm, to boost development of its OML 17 oil and gas field. flag Since taking over operations, the company has doubled oil production to over 50,000 barrels per day and increased gas output to 120 million standard cubic feet per day, with all gas used for Nigeria’s domestic power generation. flag The funds will support further production optimization, field expansion, and improved operational efficiency, safety, and community relations. flag The agreement reflects strong confidence in the company’s governance and growth strategy.

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