Heirs Energies caps 2025 with $750M deal and Seplat stake grab

Heirs Energies just flexed hard with massive deals to close out the year. Osa Igiehon claims the firm intends to ride this momentum into 2026. They secured seven hundred fifty million dollars from Afreximbank and snatched a twenty percent chunk of Seplat Energy in December. Maurel & Prom held those shares previously. The boss says this move proves locals can control resources responsibly without outside help.

Future plans involve protecting assets and deepening partnerships while keeping safety standards high. Last year required strict discipline due to market chaos. Management focused on fundamentals to survive the volatility. Workers clocked nearly one thousand eight hundred days without lost time injuries.

Engineers revived dead wells to hit peak gas output of one hundred thirty-five million standard cubic feet daily. Supply to power stations doubled to boost the local grid. Revenue jumped ten percent despite bad pricing. Unit costs stayed low compared to rivals. Community relations remained chill with zero shutdowns from neighborhood beefs.
 

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