NNPC and Heirs Energies Sign Agreement to Monetise Gas at OML 17

Nigeria's state oil firm NNPC and local upstream producer Heirs Energies have entered into an agreement to capture and utilise gas currently flared at their onshore OML 17 asset. The joint venture project is designed to monetise previously wasted natural gas whilst curtailing routine flaring across operational sites.

The commercial deal reflects a wider commitment across the Nigerian oil and gas industry to improve environmental performance and extract commercial value from domestic reserves. Turning flared volumes into marketable energy supports national objectives to reduce emissions and strengthen regional gas utilisation.

For technical procurement teams, engineering contractors, and logistics operators supporting the energy supply chain, these gas capture developments indicate sustained demand for specialised processing modules, pipeline infrastructure, and technical services required to deliver emissions reduction facilities.