{
  "id": 2385904,
  "title": "Energia Marks 25 Years of Building An Indigenous Energy Legacy",
  "url": "https://urgent.news/2026/08/21/energia-marks-25-years-of-building-an-indigenous-energy-legacy",
  "topic": "world",
  "section": "World",
  "published": "2026-08-21T13:56:31.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/08/21/energia-marks-25-years-of-building-an-indigenous-energy-legacy/"
  },
  "original_language": "en",
  "account": "Energia, a prominent indigenous energy company in Nigeria, has launched its 25th anniversary celebration, commemorating a quarter-century of excellence in the energy sector. Founded in 2001 by Nigerian oil and gas experts, many of whom were part of the Petroleum Technology Association of Nigeria (PETAN), Energia was created to showcase the technical prowess of indigenous firms within the Nigerian oil and gas industry. The company has evolved from an exploration and production firm to a comprehensive energy business, handling crude oil production, gas processing, storage, and export infrastructure. Energia aims to explore opportunities across the broader oil and gas value chain. In 2001, George Osahon, the company's Chairman, remarked that the 25th anniversary represents a tribute to the vision, resilience, and collective commitment of all those who have contributed to Energia's journey. The company reached a significant milestone in 2009 with its first oil production from the Ebendo/Obodeti field, which marked the beginning of an era of production and operational expansion. During the following years, Energia invested in field development, production infrastructure, and gas processing, including a 25 MMSCFD gas processing plant built in collaboration with Xenergi. The company also reprocessed its 3D seismic data between 2010 and 2013, completed its first development well in 2012, and produced a million barrels of crude oil by 2012. Energia has consistently expanded its production and storage infrastructure, achieving five million barrels of cumulative crude oil production in 2016 and 10 million barrels by 2020. Over the past five years, Energia has further enhanced its technical and operational capabilities, completing a produced-water treatment plant and acquiring new 3D seismic data. The company is now working towards increasing its field capacity to 20,000 barrels of oil per day. In addition to its upstream activities, Energia has expanded its strategic footprint by securing interests in the Ugbo and Irigbo marginal fields and developing a 5,000-barrel-per-day crude distillation unit in Onshore Kwale, Delta State. As the company celebrates this milestone, Oladimeji Bashorun, the Managing Director/Chief Executive Officer, emphasized that the next chapter will focus on disciplined execution, responsible growth, operational excellence, and stronger partnerships. Energia's 25th anniversary program will cover the company's achievements, people, partnerships, community impact, and contributions to Nigeria's energy sector, providing opportunities for stakeholder engagement and industry discussions about the future of energy. Throughout its journey, Energia has prioritized community development, investing in education, healthcare, infrastructure, youth development, agriculture, and welfare. As the company looks forward to the next 25 years, it remains committed to expanding operational capabilities, exploring strategic opportunities, advancing gas monetization, developing its asset portfolio, and contributing to a more sustainable energy future for Nigeria.",
  "summary": "Energia, one of Nigeria’s formeost indigenous energy company, has announced the commencement of its 25th anniversary celebration, marking a quarter-century of resilience, innovation, operational excellence and value creation in Nigeria’s",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}