Indigenous Oil Firm Advocates For Market, Regulatory Certainty To Unlock Investment In Oil Industry

Heritage Energy Operational Services Limited (HEOSL) has said access to assets in Nigeria’s oil and gas industry must go beyond physical resources to include access to capital, technology, markets and regulatory certainty to unlock investment and boost energy security.

The company stated this in a goodwill message at the  Association of Energy Correspondents (NAEC) Energy Energy Conference 2026, in Lagos, with the theme: *“Access to Assets: Empowering Players and Driving Growth.”*

Delivering the message on behalf of the CEO, Ado Oseragbaje, General Manager, Government, Joint Venture & External Relations, Heritage Energy, Ohioze Unuigbe, commended NAEC for convening what he described as a strategic platform for dialogue on issues shaping Nigeria’s energy sector.

According to him, the conference theme is both timely and strategic at a period when the industry is seeking to increase production and attract investment.

“Access to assets must go beyond physical access to oil and gas resources. It must also include access to capital, infrastructure, technology, markets, skilled talent, regulatory certainty and strong partnerships. These are essential to unlocking investment, increasing production and strengthening Nigeria’s energy security,” he said.

Unuigbe noted that while access to an asset is critical, real value is created by how effectively, safely and responsibly the asset is operated.

He disclosed that Heritage Energy’s Operational Management System (OMS) provides the discipline for responsible operations, by bringing together People, Plans, Processes and Performance to embed operational excellence, strengthen accountability and manage risk.

This, he said, is particularly important in a complex environment such as OML 30, where sustainable performance depends on effective collaboration among staff, partners, regulators, host communities and other stakeholders.

He stressed that sustainable value creation goes beyond production to include safety, environmental stewardship, responsible asset management, local capacity development and meaningful host community engagement, alongside investment in infrastructure, technology and Nigeria’s gas resources.

“No operator can achieve this alone. Government, regulators, investors, operators, partners, host communities and the media all have important roles to play. Trust, transparency and constructive engagement must remain at the heart of these relationships,” he added.

The Heritage Energy GM also lauded the role of the energy media in promoting informed discourse, transparency and accountability, calling for continued collaboration to support accurate and balanced reporting.

“Nigeria’s energy opportunity is significant. Our collective task is to ensure that access to assets translates into access to opportunity, value creation and sustainable growth,” Unuigbe stated.

He reaffirmed Heritage Energy’s commitment to responsible operations, operational excellence and stakeholder collaboration in building a stronger and more sustainable Nigerian energy industry.