OML 26 license contains several oil and gas discoveries including three producing fields on the western part (Ogini, Isoko and Ozoro), and two discovered / appraised fields (Aboh to the East and Ovo in the central area) that are in the process of maturation towards first production.
FHN is committed to achieving the best possible risk-adjusted returns for its stakeholders, and is dedicated to limiting the Company’s impact on the environment in terms of energy usage, waste generation and management, pollution control, good utilisation of resources, and its mitigation of various risks that could harm the environment.
Corporate governance is a fundamental part of FHN’s practice to promote fairness, accountability, and transparency in our responsibilities to stakeholders. We recognise the importance of good corporate governance practices in enabling us achieve our goals, control risks, and assure compliance.
FHN is an independent indigenous oil and gas exploration and production company established in 2009, in response to the Federal Government of Nigeria’s call for more indigenous participation in the Nigeria oil and gas sector via ownership of participating interests in oil mining licenses
To deliver sustainable value to all stakeholders in an environmentally, economically, and socially responsible manner
To find, develop, produce, and deliver hydrocarbons in a way that is responsible, sustainable and ethically profitable, creating value for all our stakeholders
Our approach leverages our core competencies, experience, and relationships to sustainably createvalue for our stakeholders
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