Who We Are
Heirs Oil & Gas is Africa’s largest, indigenous owned, oil and gas company, headquartered in Nigeria and led by a board and management team with significant regional and global experience in production, exploration, and value creation in the resources sector. Heirs Oil & Gas is the sole operator of OML 17, in Nigeria’s Niger Delta.
Heirs Oil & Gas is committed to the highest standards of safety, health, and community relations, together with best practice in governance and accountability.
Affiliated company, Transcorp, is already one of the largest power producers in Nigeria, with 2,000 MW of installed capacity, through ownership of Ughelli Power Plant and the recent acquisition of Afam Power Plc and Afam Three Fast Power Limited. Transcorp also operates OPL281, under a production sharing contract with the Nigerian National Petroleum Corporation (NNPC). Heirs Holding subsidiary, Tenoil is the operator of OPL 2008, under a production sharing contract with NNPC. Tenoil is also developing and taking the Ata marginal Field into production, with expected first oil in Q2 2022 and initial production of 3,500 boe/d.