Connect with us
Anglostratits

Energy

Heirs Energies Joins African Energy Week (AEW) 2026 as Gold Sponsor as Starlink-Powered Oilfields Drive Digital Expansion

Published

on

Heirs Energies

During African Energy Week 2026, the company is expected to highlight its Starlink-enabled digital oilfield transformation, record production growth, major gas commercialization milestones and strategic equity expansion

CAPE TOWN, South Africa, May 5, 2026/APO Group/ –Set to scale both production and digital capacity across its Nigerian operations, Heirs Energies – a Lagos-headquartered indigenous energy company – has deployed Starlink-powered connectivity to transform asset management at remote oilfield sites. The rollout is enabling real-time monitoring, reliant communications and advanced IoT integration, strengthening uptime, efficiency and data-driven field performance.

 

In the wake of its digital rollout, the company will participate as a Gold Sponsor at this year’s African Energy Week (AEW) 2026, set to take place from October 12–16 in Cape Town. Their sponsorship comes as the event launches its inaugural AI and Data Center Track, positioning digital infrastructure, intelligent systems and data-driven demand at the center of Africa’s evolving energy landscape.

 

Heirs Energies’ digital momentum is underpinned by a series of strategic and financial milestones. In December 2025, the company secured a $750 million dual-tranche senior-secured reverse-based lending facility from the African Export-Import Bank (Afreximbank), accelerating development at OML 17 and reinforcing the “Africa financing Africa” model. The facility supports the company’s medium-term ambition to scale output toward 100,000 barrels per day (bpd) while strengthening liquidity, capital efficiency and long-term field optimization.

 

Operationally, the company continues to transform OML 17, a 1,300-km2 onshore asset in Rivers State. Since assuming operatorship in 2021, Heirs Energies has more than doubled oil production to over 50,000 bpd and increased gas output to approximately 120-135 million standard cubic feet per day (MMscf/d). Through its Brownfield Excellence strategy – reactivating over 100 dormant wells and sustaining uptime above 85% – the company has reduced theft-related losses and improved terminal delivery reconciliation to near-total accuracy

 

Heirs Energies exemplifies the rise of indigenous African operators scaling responsibly and profitably

Meanwhile, a joint venture between Heirs Energies and the Nigerian National Petroleum Company executed gas flaring commercialization agreements under the Nigerian Gas Flare Commercialization Program, targeting the capture of approximately 180 MMscf/d of flare gas across OML 17. With five private offtakers engaged and commissioning expected by Q3 2026, the initiative supports Nigeria’s Decade of Gas policy, strengthened domestic energy security and monetizes previously wasted resources while reducing routine flaring.

 

In parallel, Heirs Energies completed a transformative equity expansion on December 31, 2025, acquiring a 20.7% stake in Seplat Energy for approximately $496 million. The transaction, financed in part through its Afreximbank facility and credit support from the Africa Finance Corporation, positions Heirs Energies as Seplat’s largest shareholder and enhance horizontal integration across Nigeria’s upstream and midstream value chain.

 

Beyond hydrocarbons, the company continues to embed Africapitalism through the OML 17 Host Communities Development Trust, serving 73 communities in Rivers State. The Trust has awarded over 1,600 scholarships, empowered more than 300 youths with vocational skills and upgraded electrical infrastructure benefitting 270,000 people.

 

“Heirs Energies exemplifies the rise of indigenous African operators scaling responsibly and profitably,” states NJ Ayuk, Executive Chairman, African Energy Chamber. “Their Gold Sponsorship at AEW 2026 reflects both commercial strength and deep commitment to Africa’s energy future.”

 

As AEW 2026 prepares to convene in Cape Town, attention is increasingly shifting toward the convergence of energy systems, digital infrastructure and AI across the continent. Within this evolving landscape, the launch of the AI and Data Center Track – NexaGrid Africa: Create. Enable. Build Africa’s Finest AI Data Centers for the Future – signals a structural pivot in how the continent approaches energy optimization, industrial scalability and data sovereignty. Heirs Energies’ expanded digital footprint, from Starlink-enabled field operations to AI-ready asset intelligence, positions the company within this next phase of transformation, where upstream performance is being defined by computational capacity, connectivity and real-time decision systems.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

South Sudan’s Joint Operating Companies to Engage International Partners at South Sudan Oil & Power (SSOP) 2026

Published

on

Etu Energias

DPOC, GPOC and SPOC will connect with international contractors, technology providers and financiers to explore opportunities to restore production, improve recovery and upgrade existing petroleum infrastructure

JUBA, South Sudan, November 12, 2026/APO Group/ –South Sudan’s joint operating companies, Dar Petroleum Operating Company (DPOC), Greater Pioneer Operating Company (GPOC) and Sudd Petroleum Operating Company (SPOC), have been confirmed as sponsors of South Sudan Oil & Power (SSOP) 2026, taking place November 24–25 in Juba. Responsible for South Sudan’s producing oilfields, the three companies represent major commercial opportunities for international oilfield service providers, engineering contractors, equipment suppliers, technology developers and financiers seeking to support the rehabilitation and expansion of the country’s petroleum industry.
 




 

 

Returning for its seventh edition, under the theme Resource Renaissance – Energy-Fueled Growth for a New Generation, SSOP 2026 comes as South Sudan targets an increase in crude production from approximately 170,000 barrels per day (bpd) to 230,000 bpd in the short term. Achieving this ambition will require investment in mature-field rehabilitation, enhanced oil recovery, well interventions and modern operating technologies, creating commercial opportunities for international oilfield services companies.

DPOC, GPOC and SPOC are central to this production growth strategy, operating established petroleum assets through joint ventures involving national oil company Nilepet and international partners. Their participation at SSOP 2026 will provide prospective commercial partners with opportunities to engage directly with the companies responsible for maintaining and expanding production from South Sudan’s existing fields.

GPOC, whose consortium includes China National Petroleum Corporation (CNPC), Nilepet and ONGC Videsh, operates Blocks 1, 2 and 4 in Unity State. In May 2026, the company increased production to approximately 60,158 bpd from 40,000 bpd, supported by reservoir studies, production enhancement measures and field development activities. The increase demonstrates the potential for targeted technical interventions to improve recovery and extend the productive life of mature oilfields.

https://apo-opa.co/48OFBXp

https://apo-opa.co/4zldtpV

DPOC operates Blocks 3 and 7 in Upper Nile State, including the Paloch production area. The company, whose consortium includes CNPC, Nilepet, Sinopec and Tri-Ocean, was producing approximately 100,000 bpd as of June 2026. Its established operations present opportunities for drilling contractors, reservoir specialists, engineering firms and equipment suppliers to support production optimization, well development and infrastructure upgrades.

https://apo-opa.co/4BYeYNg

South Sudan also reached a preliminary agreement in October 2026 to transfer PETRONAS’ former stakes in DPOC and GPOC to Russian state-owned Zarubezhneft, potentially bringing additional expertise in mature-field rehabilitation, enhanced oil recovery and infrastructure development to the country’s upstream sector.

https://apo-opa.co/48Osx4p

Meanwhile, SPOC, which operates Block 5A, contributes approximately 14,000 bpd to national production. Its operations offer further opportunities for technical partnerships focused on sustaining output, rehabilitating existing facilities and improving operational efficiency.

https://apo-opa.co/4zldtpV

Beyond brownfield optimization, the joint operating companies’ established partnerships also provide a foundation for broader upstream investment, including opportunities to collaborate with Nilepet on the development of South Sudan’s available exploration acreage. With 14 exploration blocks open to prospective investors, the country is seeking international operators and financiers to accelerate greenfield development and expand its future production base.

As sponsors of SSOP 2026, DPOC, GPOC and SPOC will provide international industry players with an opportunity to engage with South Sudan’s established operating companies and explore commercial partnerships across the upstream value chain.

To register for South Sudan Oil & Power 2026 in Juba on November 24–25, visit: https://SouthSudanOilPower.com/

Distributed by APO Group on behalf of Energy Capital & Power.

 




 

Continue Reading

Energy

Triple A Services & Petroleum Ltd Chief Executive Officer (CEO) Dr. Atong Amos Agook to Champion Women-Led Energy Businesses at South Sudan Oil & Power (SSOP) 2026

Published

on

Etu Energias

Triple A Services & Petroleum Ltd ‘s CEO, Dr. Atong Amos Agook, is expected to champion indigenous participation, upstream oilfield logistics and women-led energy enterprises at South Sudan Oil & Power 2026

JUBA, South Sudan, November 12, 2026/APO Group/ –Dr. Atong, Founder and CEO of Triple A Services & Petroleum Ltd, has been confirmed as a speaker at South Sudan Oil & Power (SSOP) 2026, bringing her experience in fuel distribution, oilfield logistics and downstream services to discussions on expanding opportunities for women-led energy businesses.

 




  

As part of the programme, she will participate in the panel Women in Energy: Scaling Women-Led Enterprises in Downstream & Services, which will examine how access to finance, procurement contracts and commercial partnerships can support the growth of women-owned companies across South Sudan’s energy. The discussion will also explore opportunities for indigenous service providers to participate in the country’s expanding petroleum industry.

Dr. Atong has grown Triple A Services & Petroleum Ltd into a provider of petroleum products, logistics and technical services. The company operates across fuel distribution, bulk haulage, equipment supply and oilfield support, serving customers across South Sudan’s petroleum sector.

Triple A Services & Petroleum Ltd supplies fuel and logistics services to operators across the country’s producing oilfields. Its activities highlight the role of indigenous contractors in supporting petroleum operations while creating opportunities for local employment, skills development and supplier participation.

The company is in the last stage of also expanding its downstream portfolio, supplying petroleum products to include diesel, petrol, kerosene, aviation fuel and lubricants. These activities support domestic fuel distribution and regional supply chains as South Sudan seeks to strengthen its downstream infrastructure and reduce supply constraints.

Beyond conventional fuel distribution, Triple A Services & Petroleum Ltd is pursuing opportunities in LPG storage, cylinder bottling and retail distribution, supporting wider access to cleaner household cooking fuels. Expanding LPG infrastructure presents opportunities for investment in storage facilities, distribution networks and equipment supply, while supporting efforts to reduce reliance on wood fuel and charcoal.

As South Sudan advances investment in petroleum storage, fuel distribution and supporting infrastructure, indigenous companies have an opportunity to expand their role in project delivery and service provision. Improving access to working capital, trade finance and procurement contracts will be important to enabling local businesses, particularly women-led enterprises, to compete for larger commercial opportunities.

Returning for its seventh edition as South Sudan’s official energy investment platform, SSOP 2026 will provide an opportunity for Dr. Atong to engage government representatives, financiers, oil and gas operators and service providers on strengthening local content participation and developing partnerships across the downstream sector.

Held under the theme Resource Renaissance – Energy-Fueled Growth for a New Generation, the conference will convene industry leaders and investors to advance commercial opportunities across South Sudan’s energy value chain.

To register for South Sudan Oil & Power 2026 in Juba on November 24–25, visit: https://SouthSudanOilPower.com/

Distributed by APO Group on behalf of Energy Capital & Power.

 




 

Continue Reading

Energy

NOCs and IOCs Redefine Upstream Partnership Terms Ahead Paris Energy Event

Published

on

Participation stakes and work commitments have become the central points of negotiation between African state oil companies and their international partners

PARIS, France, November 11, 2026/APO Group/ –The Invest in African Energy (IAE) 2027 Forum will host an NOC-IOC Roundtable on May 11 in Paris, convening African national oil companies and international oil companies to discuss the commercial terms behind upstream partnerships. Most major African upstream developments are structured as joint ventures or production sharing agreements between the two groups, making the relationship a defining factor in how projects advance to development.

 




  

The roundtable comes as African NOCs take on larger roles as investors and operators. In Nigeria, Shell completed the approximately $2.4 billion sale of its onshore subsidiary to Renaissance, a consortium of African energy companies, in March 2025. Shell has since concentrated its Nigerian investment on deepwater and integrated gas, while state-owned NNPC retained its 55% stake in the onshore joint venture now operated by Renaissance.

Fiscal and contract terms between these two kinds of players are also being revisited. Libya’s National Oil Corporation awarded five blocks to companies including Chevron, Eni, QatarEnergy and Repsol in February 2026 in its first licensing round since 2007, signing production sharing agreements with several of the awardees in June. The corporation has said outcomes on drilling commitments and participation stakes will be used to improve terms for future rounds.

On the IAE agenda, the roundtable follows the Transaction Suite, in which African ministries, regulators and NOCs will present acquisition and farm-in opportunities, and precedes an Investor Circle on structuring bankable capex pipelines with sovereign energy masterplans and private capital. Related discussions continue on May 12 and 13 in main-forum sessions on domestic champions in onshore assets and on licensing rounds and frontier acreage.

The placement reflects how closely partnership terms are tied to project finance. Lenders and development finance institutions assess state carry arrangements and cost recovery provisions when evaluating project cash flows and repayment capacity, and alignment between NOCs and their international partners on these points supports a project’s case for financing. The Day 0 roundtable gives both groups a forum to address them ahead of the deal-making sessions over the remaining two days of IAE 2027.

IAE 2027 takes place May 11-13 in Paris. Organized by Energy Capital & Power (ECP), the forum brings together governments, national oil companies, operators and institutional capital to originate, structure and finance energy projects across Africa. Register at www.Invest-Africa-Energy.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

 




 

Continue Reading

Trending