AMNI International Petroleum Development Company has mobilised a drilling rig to the Okoro Field offshore Akwa Ibom State, signalling a growing assertion of Nigeria’s indigenous operators in sustaining the country’s crude oil production and long-term energy security.
The company’s Chairman and CEO, Dr Tunde Afolabi, described the mobilisation as a defining operational milestone, pointing to it as evidence of expanding technical capability and financial strength among local players. The development programme at Okoro — a core producing asset in AMNI’s portfolio — is aimed at optimising output, improving reservoir management, and maintaining stable base production with a target peak of over 12,000 barrels per day.
The three-well drilling campaign forms part of AMNI’s five-year Strategic Development Plan, which focuses on production optimisation, accelerated oil development and expanded gas commercialisation. Beyond Okoro, AMNI and its partners are advancing a broader asset development pipeline valued at more than USD 2.5 billion, with an expected peak production exceeding 150,000 barrels of oil equivalent per day.
Afolabi stressed that the company’s capital deployment is disciplined and strategic, not symbolic. He also pointed to the development of the Tubu oil field and accelerated gas initiatives as further pillars of AMNI’s integrated growth model. Continued investment by indigenous operators, he noted, directly supports the Federal Government’s goal of raising national oil production towards three million barrels per day while keeping investment and technical capacity onshore.
Source: News Agency of Nigeria (NAN)