Heritage Energy Operational Services Ltd. (HEOSL) says it committed not less than N101 billion to community development projects across its host communities under Oil Mining Lease (OML) 30.
Dr Adesola Adebawo, General Manager, Government, Joint Venture and External Relations, HEOSL, said the company also awarded N217 million in scholarships to 3,011 beneficiaries.
Adebawo made the disclosure on Tuesday, December 23, 2025, at the OML 30 media stakeholders’ engagement in Lagos.
He said community contracts worth $66.47 million had been awarded to about 300 local vendors, underscoring its growing investment in local participation and inclusive growth.
He said the scale of investment reflects HEOSL’s deliberate strategy to create sustainable value that goes beyond hydrocarbon production.
“We invested in people, infrastructure, digital tools and capability.
“Together with our joint venture partners, we aligned around a vision to operate a world-class independent energy company with the technical.
“Commercial and financial strength needed to deliver long-term value,” Adebawo said.
He described OML 30 as one of Nigeria’s largest onshore assets, noting its record of responsible value delivery to shareholders, partners, employees and host communities.
Adebawo revealed that in 2024 alone, HEOSL supported 126 local content participants from indigenous companies, while providing skills training and empowerment programmes for 237 youths and women.
He said, “The company also invested more than N27 million in the Industrial Training and Work Experience Scheme, enabling students to gain practical industry exposure.”
In the area of healthcare, he said HEOSL supported two health facilities that collectively delivered 34,168 medical incidences of care across four local government areas, improving access to essential health services for host communities.
According to Adebawo, the initiatives highlight the shared commitment of HEOSL and its joint venture partner, Nigerian Exploration and Production Ltd. (NEPL) and Shoreline Natural Resources Ltd. (SNRL) to inclusive and sustainable development.
“These initiatives are not just about corporate responsibility.
“They reflect a shared commitment with NEPL and SNRL to ensure that the benefits of OML 30 extend well beyond production metrics,” he added.
By Yunus Yusuf