AMNI Launches Drilling Campaign to Boost Nigeria's Oil Output

AMNI International Petroleum Development Company has commenced a drilling campaign at the Okoro Field, marking a significant milestone in its operations. This initiative is designed to optimize product performance and enhance reservoir management, with a target to increase peak production to 12,000 barrels per day.

The campaign is part of AMNI's broader five-year strategic development plan, which prioritizes product optimization across established fields and aims to expand gas commercialization initiatives beyond Okoro. The company, established in 1993, has a strong track record in offshore operations and is committed to investing $2.5 billion across oil and gas projects, expecting to peak production to exceed 150,000 barrels of oil equivalent per day.

Dr. Tund J. Afolabi, the Chairman and CEO, emphasized the importance of disciplined capital deployment and the role of indigenous operations in sustaining and expanding Nigeria's oil and gas output, contributing to the national goal of increasing production to 3 million barrels per day.