Heirs Holdings Oil & Gas Ltd. has undergone a transformation and rebranded as Heirs Energies Ltd., complete with a refreshed logo and colour scheme. The change, according to a statement from Mr. Tony Elumelu, Chairman of Heirs Energies, is designed to align with Africa’s distinctive energy requirements and a sustainable approach.
Elumelu highlighted the urgency of reaching net-zero emissions by 2050 and affirmed that Heirs Energies would utilise its substantial expertise, resources, and innovation to take the lead in reshaping the energy landscape. The company’s commitment to creating a positive environmental impact was emphasised.
While Heirs Energies will continue its exploration and production activities, it will also leverage emerging technologies to reduce carbon emissions by eliminating gas flaring. Furthermore, the company will invest in gas utilisation projects to harness abundant energy sources, improving energy access and fostering development across the continent.
Elumelu stated, “This new brand identity reiterates our passion for innovation, growth, and sustainability in Africa. Heirs Energies signifies our unwavering commitment to environmental responsibility, value creation in Africa, and integration across our value chains while working together with our community towards a shared destiny.”
The Chief Executive Officer of Heirs Energies, Mr. Osayande Igiehon, added that the rebranded company reflects Heirs Holdings’ unique vision and approach to the energy sector. He stressed that Heirs Energies is not only focused on meeting Africa’s distinct energy needs but also doing so in a sustainable and responsible manner that aligns with global environmental goals. The company will continue to prioritize transparency, ethics, and corporate social responsibility to achieve its sustainability objectives.
In doing so, Heirs Energies upholds the founding philosophy of ‘Africapitalism,’ which promotes responsible private sector involvement in driving African development, leading to economic and social transformation.
Formerly known as Heirs Holdings Oil & Gas Ltd., Heirs Energies Ltd. is Africa’s largest indigenous-owned integrated energy company, dedicated to addressing Africa’s unique energy requirements while aligning with global sustainability goals to achieve net-zero emissions by 2050.