Heirs Energy Wins Best Oil and Gas Deal Award 2026

Heirs Energy was recognized for its $750 million dual-tranch senior secured reserve-based lending facility, awarded as the best oil and gas deal of the year at the EMEA Finance Project Finance Awards 2026, presented on June 3 in London. This landmark transaction was structured with the African Export-Import Bank to accelerate field development and optimize production, supporting Heirs Energy's long-term growth strategy.

Toni Elumelu, Chairman of Heirs Energy, emphasized the importance of mobilizing capital to advance energy security and create long-term economic value. Osa Igiehon, CEO of Heirs Energy, noted that the recognition reflects the confidence of international financial institutions in the company’s strategic vision.

Haytham Elmaayergi, Executive Vice President of Global Trade at Afreximbank, described the award as an honor, highlighting the importance of financing support for indigenous energy firms in Africa. Samuel Nwanz, Chief Financial Officer of Heirs Energy, affirmed the strength of the transaction and the company’s commitment to sustainable value creation.