AMNI petroleum company targets 12,000bpd barrels per day.

Monday, March, 2 2026 - The arrival of a drilling rig at the Okoro Field has marked a significant operational milestone for AMNI International Petroleum Development Company, signalling the commencement of a new offshore campaign and underscoring the rising capacity and ambition of Nigeria’s indigenous oil and gas operators.

The Okoro Field, one of AMNI’s core producing assets, is currently undergoing a development programme aimed at optimising production performance, improving reservoir management, sustaining base output from the offshore facility, and lifting peak production to above 12,000 barrels per day.

The three-well drilling campaign forms part of the company’s broader five-year Strategic Development Plan. The plan prioritises production optimisation across existing fields, accelerated oil development, and expanded gas commercialisation initiatives.

Beyond Okoro, AMNI and its partners are advancing a forward asset development portfolio representing an investment pipeline exceeding $2.5bn across oil and gas projects. The projects are projected to deliver peak production of more than 150,000 barrels of oil equivalent per day, according to a statement from the firm on Sunday.

The scale of this capital commitment reflects AMNI’s continued emphasis on disciplined investment within Nigeria’s upstream sector. It also reinforces the importance of the Okoro Field in sustaining steady production while paving the way for further portfolio expansion.

Established in 1993, AMNI has accumulated over three decades of offshore operating experience. Over the years, the company has built substantial technical expertise, retained operational control of offshore infrastructure, and developed a track record centred on responsible asset management.

AMNI’s Chairman/CEO, Dr Tunde Afolabi (MFR), has consistently maintained that sustainable growth for indigenous operators must rest on operational excellence, prudent capital allocation, and long-term value creation. The mobilisation of the drilling rig to Okoro, therefore, represents concrete execution of the company’s strategy rather than symbolic growth.

The continued investment also highlights AMNI’s commitment to delivering value to shareholders and partners, while expressing confidence in the long-term potential of its assets and Nigeria’s upstream sector.

The development aligns with the Federal Government’s ambition to increase national crude oil production toward three million barrels per day, with indigenous operators expected to play a central role in sustaining and expanding output.

Industry observers note that the implications of the Okoro campaign extend beyond AMNI. Over the past two decades, Nigeria’s indigenous oil and gas sector has evolved from marginal field participation to full offshore development and operatorship. Local companies have become instrumental in maintaining production levels, extending asset life cycles, and ensuring reinvestment within the domestic economy.

AMNI’s three-well programme at Okoro demonstrates that indigenous operators are capable not only of acquiring assets but also of managing complex offshore drilling operations, deploying significant capital, and implementing multi-year development strategies that integrate oil and gas growth.

As Nigeria navigates a shifting global energy landscape, experienced local operators are increasingly vital. Indigenous companies contribute to industry continuity, job creation, knowledge transfer, and sustained reinvestment in the domestic sector. The rig mobilisation at Okoro reflects resilience, confidence, and forward planning within Nigeria’s upstream industry.

Looking ahead, the Okoro campaign forms part of a broader corporate trajectory that includes the advancement of the Tubu oil field and accelerated gas development initiatives. AMNI’s long-term strategy envisions a more integrated oil and gas portfolio, strengthening its contribution to national energy supply while positioning the company for sustainable growth in the coming decade.

With final pre-spud preparations nearing completion offshore, the rig’s arrival represents both a practical operational step and a strategic signal. It affirms AMNI’s commitment to disciplined development, reinforces confidence in indigenous operatorship, and marks another important chapter in Nigeria’s evolving energy story.