Tycoon Tony Elumelu’s Heirs Energies sits on $186 million Seplat paper gain in under two months
Heirs Energies is up about $186.6 million on paper on its Seplat stake, bought in December as Nigerian independents expand.
Heirs Energies
Seplat begins ANOH gas production weeks after Tony Elumelu’s Heirs Energies takes $500 million stake
Seplat Energy begins ANOH gas production, increasing Nigeria’s gas supply and supporting industrial and domestic energy needs.
Five years on, Elumelu's Heirs Energies reshapes Nigeria’s OML 17 with production gains and discipline
Five years after assuming control of OML 17, Heirs Energies points to production growth, safety milestones and financial discipline as proof of its operating model.
Nigerian businessman Tony Elumelu’s Heirs Energies buys 20% of Seplat for nearly $500 million
Tony Elumelu’s Heirs Energies acquires 20% of Seplat for nearly $500 million, marking a major local investment in Nigeria’s energy sector.
Tony Elumelu’s Heirs Energies secures $750 million from Afreximbank to drive long-term growth
Heirs Energies secures $750 million from Afreximbank, marking one of the biggest funding deals secured by a locally owned energy producer on the continent.
CFO of the Year Sam Nwanze of Heirs Energies on billion-dollar risks, resilience and African energy finance
Sam Nwanze reflects on the high-stakes decisions, crises and philosophy of Africapitalism that shaped his rise to CFO of the Year in African energy.
Tony Elumelu’s Heirs Energies doubles gas output at OML 17
Tony Elumelu’s Heirs Energies has doubled gas production at OML 17, boosting electricity to over 350MW and reshaping Nigeria’s power market.
Heirs Energies pledges to advance sustainable energy at African Energy Week 2024
Heirs Energies is set to drive sustainable energy solutions at African Energy Week 2024, aligning with Tony Elumelu’s vision for transforming Africa’s energy sector.
Tony Elumelu’s Heirs Energies expands gas supply operations to boost power generation in Nigeria
The recent success of Heirs Energies is linked to strategic acquisitions.
Nigerian tycoon Tony Elumelu’s energy company surpasses production milestone
Elumelu acknowledges Heirs Energies’ team for industry leadership, applauds CEO for pioneering impact.