The Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P) has announced the achievement of first oil from the Ibom Field (PPL 236), marking another milestone in Nigeria’s upstream oil and gas industry.
Adebowale Olujimi, CEO, Emadeb E&P in a statement said that following sustained investment, technical rigour and collaborative effort, the company has commenced commercial production from Ibom Field.
He said that this achievement underscores the company’s emergence as a fully integrated energy player and highlights the pivotal role of indigenous operators in advancing Nigeria’s energy security and economic diversification.
He added that it also aligned with the Federal Government’s vision and aspiration to increase the nation’s crude oil production.
Located approximately 30 kilometres offshore, Ibom Field was originally discovered in 1979.
The field boasts significant in place volume of 103 million barrels of oil.
Since its acquisition in the 2020 Marginal Field Bid Round, Emadeb E&P has invested over 100 million dollars in a phased field development programme.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approved the Ibom Field Development Plan (FDP) in November 2024.
Olujimi said Emadeb has drilled and completed the Ibom-03 well in September 2023, integrated a Mobile Producing Offshore Unit (MOPU) and completed in June 2025, commissioned the Ibom Field Mooring System in September 2025 and achieved its first oil in October 2025.
“This milestone reflects our deep commitment to unlocking Nigeria’s hydrocarbon potential through homegrown expertise, strong partnerships, and disciplined investment. We are proud to contribute to Nigeria’s energy goals, foster local content, create jobs, and deliver sustainable value,” Olujimi said.
The Ibom Field development showcases effective collaboration between the private sector and government institutions and stands as a model for marginal field commercialisation and indigenous capacity development in the upstream sector.
Olujimi said the Emadeb was now preparing for Phase 2 development to drill two additional wells that would triple production by the end of 2026.
He said that the company remained focused on operational excellence, environmental stewardship, safety, and community engagement.(NAN)
Edited by Ismail Abdulaziz
