FIRST Exploration and Petroleum Development Company Limited (FIRST E&P) is a leading independent E&P company with full upstream capabilities. With operations commencing in 2012, we have built a strong, delivery focused business in Nigeria. In Joint Venture with NNPC Ltd., FIRST E&P achieved first oil in 2020, just 2 years after FID. Today, the JV produces approximately 60,000 barrels of oil per day from PML 53 & PML 54. The company also holds interests in several other licenses. Through our robust portfolio of social investments focused on health, education, and enterprise development, we are creating a better, sustainable future for all, with a special focus on the communities where we operate.
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The FIRST Exploration & Petroleum Development Company annual revenue was $35.1 million in 2026.
Ademola Adeyemi-Bero is the CEO and Managing Director of FIRST Exploration & Petroleum Development Company.
171 people are employed at FIRST Exploration & Petroleum Development Company.
FIRST Exploration & Petroleum Development Company is based in Lagos, Lagos.
The NAICS codes for FIRST Exploration & Petroleum Development Company are [211, 21, 21112, 2111].
The SIC codes for FIRST Exploration & Petroleum Development Company are [131, 13].