Nigerian Operators Sign Agreement to Capture and Monetise Flared Gas
NNPC and Heirs Energies have signed an agreement to capture and monetise flared gas at their onshore OML 17 joint venture in Nigeria.
The Nigerian National Petroleum Company (NNPC) and indigenous producer Heirs Energies have finalised an agreement to capture and utilise flared gas at their joint venture on Oil Mining Lease (OML) 17. The project aims to eliminate routine emissions while turning previously vented or flared gas into marketable energy supplies.
The initiative reflects a broader strategy among Nigerian operators to curb field flaring and extract commercial value from associated gas reserves. Upstream companies are increasingly directing capital towards capture systems and midstream links that deliver surplus gas to domestic power and industrial users.
For procurement teams and engineering contractors, gas monetisation projects create recurring requirements for gas gathering modules, compression units, and specialist pipeline hardware. Logistics providers and technical equipment vendors supporting regional energy infrastructure will see sustained demand for materials tied to these emission-reduction schemes.
- Nigeria
- Gas Monetisation
- Flaring Reduction
- Procurement
Reported from public coverage.
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