Osa Okhomina, CEO of ADM
Nigerian independent poised to expand
ADM Energy has a pipeline of possible deals, says CEO Osa Okhomina
Nigerian independent ADM Energy is looking at potential acquisitions and has “two potential transactions underway”, CEO Osa Okhomina tells Petroleum Economist, adding that the company wants to conclude “one or two deals per year”. ADM is keen on “appraisal plays”, he continues, explaining that buying 2C reserves at a low price is a “better bang for our buck” than investing in mature fields. The company has “lots of experience operating offshore”, Okhomina continues, but would also consider the right assets in shallow waters and swamps. “The PIA is a good thing and has already improved the economics of our projects” Okhomina, ADM The independent wants to diversify political risk and s
Also in this section
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
