Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P), has announced its achievement of first oil from the Ibom Field (PPL 236), marking another milestone in Nigeria’s upstream oil and gas industry.
The feat followed sustained investment, technical rigour and collaborative effort which has enabled Emadeb E&P to commence commercial production from Ibom Field.
This was as the Chief Executive Officer of Emadeb E&P, Mr. Adebowale Olujimi said the milestone reflects the company’s deep commitment to unlocking Nigeria’s hydrocarbon potential through homegrown expertise, strong partnerships, and disciplined investment.
In the words of Olujimi; “We are proud to contribute to Nigeria’s energy goals, foster local content, create jobs, and deliver sustainable value”.
A statement by the management of the company, stated that the achievement underscores Emadeb E&P’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.
The statement further said that the achievement also aligns with the Federal Government of Nigeria’s vision and aspiration to increase the nation’s crude oil production.
Ibom field is located approximately 30 kilometres offshore and was originally discovered in 1979 and boasts of significant 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 in a phased field development programme.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approved the Ibom Field Development Plan (FDP) in November 2024.
Key technical milestones include the successful drilling and completion of the Ibom-03 well in September 2023 as well as the integration of a Mobile Producing Offshore Unit (MOPU) completed in June 2025.
Others include; commissioning of the Ibom Field Mooring System in September 2025, First oil achieved in October 2025 and demonstrating indigenous capacity and strategic partnership.
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.
The Ibom Field stands as a testament to what is achievable when strategic intent meets execution excellence.
Emadeb E&P said it is now preparing for Phase 2 development to drill two additional wells that will triple production by Q4 2026.
The statement said that the company remains focused on operational excellence, environmental stewardship, safety, and community engagement.
