First Hydrocarbon Nigeria Ltd

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The company was a special purpose vehicle (SPV) created by the defunct Afren Plc., in June 2009 for the purchase of Nigerian upstream assets. Up until it went into receivership in early 2015, Afren held 70% of FHN, whose main asset is 45% of Oil Mining Lease OML 26, in the western Niger Delta.
First Hydrocarbon is reported by DPR as the holder of 45% Equity in OML 26 in partnership with NPDC (operator).

Products and Services:
Oil & Gas Production, Marginal Field Operator
  • OML26 (non-operator, 10% equity)