With operations spanning both onshore and shallow water acreage, FIRST E&P has emerged as a reputable producer in the Nigerian oil and gas market. The company’s operating assets include PML 53 and PML 54 in the Niger Delta, while non-operated stakes include OML 71 and OML 72 - acquired through the company’s 15% shareholding in West African Exploration and Production Company. Alongside partners, the company is planning a re-entry project in OML 72’s Kalaekule field to revitalize production. FIRST E&P is also pursuing growth opportunities, and the company’s participation at AOG 2025 is expected to highlight new avenues for regional expansion.

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact [email protected].

FIRST E&P’s participation at AOG 2025 comes as Angola seeks to revitalize production across the onshore market. While the country historically produced from the onshore Kwanza basin, a shift to deepwater development and underinvestment in onshore blocks saw production rapidly decline. Now, the country is incentivizing spending across the Kwanza and Lower Congo onshore basins through licensing rounds and blocks available for direct negotiation. The 2023 bid round, which saw nine companies qualify as operators and five qualify as non-operators, showcases the level of interest in Angola’s onshore blocks. Looking ahead, potential forays made by players such as FIRST E&P will further support onshore development.