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Emadeb E&P Joins AEW as Platinum Partner Amid Efforts to Triple Ibom Field Output
Indigenous oil and gas company Emadeb Exploration and Production (E&P) is accelerating into Phase 2 development of its Ibom Field, situated in the southern Niger Delta, targeting a threefold production increase by Q4 2026. The expansion follows first oil in October 2025 and focuses on drilling additional wells, scaling output from its initial 4000 barrels per day (bpd) baseline and optimizing reservoir performance.
These moves come as the company joins the upcoming African Energy Week (AEW) 2026 Conference and Exhibition as a Platinum Partner, taking place from October 12–16 in Cape Town. The company is well-positioned to leverage the platform to present its upstream expansion strategy and integrated business model to investors and partners. Emadeb E&P’s inclusion reflects its rapid emergence as a credible indigenous producer following first oil and ongoing scale-up plans.
The Ibom Field, located 30 km offshore Akwa Ibom within Nigeria’s OML 70, represents Emadeb’s flagship upstream asset. Acquired during Nigeria’s 2020 marginal field bid round, the field contains an estimated 103 million barrels of oil in place and 92 billion cubic feet of gas, with phased development backed by over $100 million in cumulative investment.
The Ibom-03 well, drilled and completed in September 2023, currently produces around 4,000 bpd. A mobile producing offshore unit installed in June 2025, following by mooring system commissioning in September 2025, has enabled stabilized production and efficient crude evacuation via barging to established export infrastructure.
Beyond upstream expansion, Emadeb continues to leverage a substantial downstream platform to support its integrated model. The group operates over 150 million liters of storage capacity, including a 60-million-liter tank farm in Lagos, alongside a retail network exceeding 200 service stations nationwide. This is supported by a logistics fleet of more than 500 tankers, underpinning ambitions to scale production toward 50,000 bpd within five years.
“Emadeb’s progression from a downstream-focused company to an integrated producer is exactly the kind of growth story Africa needs right now,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Their success at the Ibom Field demonstrates how indigenous companies can unlock stranded resources and deliver real production. This is the model for marginal field development under Nigeria’s evolving regulatory framework.”
As AEW 2026 approaches, Emadeb’s participation signals not only strong corporate backing for the continent’s premier energy platform, but also underscores the growing role of indigenous producers in shaping Africa’s upstream future and driving investment across the value chain.