Who we are
Tenoil Petroleum and Energy Services (Tenoil) is an indigenous exploration and production company with a global perspective.
The Company was incorporated in 2005 to serve as the exploration and production platform to manage and operate Heirs Holdings investments across the energy value chain, as well as extractive minerals sector. Heirs Holdings Ltd (HH), a leading pan-African investment company with investments in power, financial services, oil & gas, hospitality, real estate and healthcare.
Our corporate office is in Lagos, Nigeria, with planned operational bases in Port Harcourt, Eket and Warri.
We are the operators of OPL 2008 – a 60sq. Km shallow offshore oil block, which has reserves of 98million barrels of oil and 1.5tcf of natural gas. We also provide technical support services to Transcorp Energy for the exploration programme on OPL 281 – a 122sq. Km onshore swamp asset.
We are focused on the development of Nigeria’s oil and gas resources in a sustainable manner that embodies our core purpose of improving lives and transforming the African continent.