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    MarketForces Africa » MarketForces News » Esso Nigeria Announces Drillship Arrival as Usan Infill Project Enters Execution Phase

    Esso Nigeria Announces Drillship Arrival as Usan Infill Project Enters Execution Phase

    Julius AlagbeBy Julius AlagbeAugust 20, 2026Updated:August 20, 2026 News No Comments2 Mins Read
    Esso Nigeria Announces Drillship Arrival as Usan Infill Project Enters Execution Phase
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    Esso Nigeria Announces Drillship Arrival as Usan Infill Project Enters Execution Phase

    Esso Exploration and Production Nigeria (Offshore East) Limited, operator of the Usan field located in Oil Mining Lease (OML) 138, today announced the arrival of the Noble Gerry de Souza in Nigerian waters.

    This marks a major milestone in the execution of the Usan Infill Project, reinforcing the company’s commitment to investing in Nigeria’s deepwater energy sector.

    The arrival of this state-of-the-art ultra-deepwater drillship signals the commencement of a drilling campaign designed to unlock additional value from the Usan Field.

    As a short cycle investment, the project is expected to deliver up to 40,000 barrels per day of incremental oil production within 18 months, contributing quickly to Nigeria’s energy security and economic development.

    The Usan Infill Project is supported by a cumulative US$1 billion investment by the OML 138 partners and underscores Esso’s confidence in Nigeria’s improving investment environment.

    “The arrival of the Noble Gerry de Souza marks the beginning of an exciting new chapter for the Usan Field and reflects our continued focus on delivering short cycle deepwater production growth through disciplined investment, in deploying technologies and through operational excellence,” said Jagir Baxi, Chairman and Managing Director of ExxonMobil affiliates in Nigeria.

    The advanced capabilities of the Noble Gerry de Souza will support the safe and efficient delivery of the drilling program, helping maximize recovery from existing infrastructure while strengthening the long-term performance of the Usan asset.

    This milestone is the result of years of planning, collaboration, and dedication by multidisciplinary teams across Esso and partner organizations in Nigeria. Their expertise and commitment have been instrumental in transitioning the project from concept to operational readiness.

    As offshore activities commence, Esso remains focused on delivering the project safely and responsibly, in close partnership with government stakeholders, regulators, contractors, and coventurers.

    The arrival of the Noble Gerry de Souza represents the start of a new phase of investment, innovation, and growth for the Usan Field and further demonstrates Esso’s commitment to supporting Nigeria’s energy future. NPA Says 21 Ships to Berth at 3 Lagos Ports

    Esso Nigeria
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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