Petralon Energy’s Founder and CEO, Ahonsi Unuigbe, alongside Chairman of the Board, Mutiu Sunmonu, CON and Chief Commercial Officer, Uduak Equere, were hosted by Shell Western Supply and Trading Ltd (SWST), a subsidiary of Shell plc, at the Shell Centre in London following the achievement of first oil at the Dawes Island field.
The engagement provided an opportunity to acknowledge the first oil milestone and reflect on the progress of the Dawes Island development. Shell Western Supply and Trading acts as both a crude offtaker and has co-financed the Dawes Island project, supporting the asset’s transition from development to production.
During the meeting, Rodrigo Teixeira de Abreu, VP Crude Trading West, SWST, commented on Petralon’s progress, noting the role of leadership in advancing the project from concept to delivery.
First oil at Dawes Island, achieved in 2025, represented a significant step for Petralon as an indigenous operator, unlocking value from a field which was initially discovered in 1979, thereby adding to national production. Over the course of the year, the company delivered against its stated objectives, successfully drilling and bringing DI-2 on stream, achieving first oil, and completing the evacuation of approximately 158,000 barrels of crude for export via the Bonny Oil and Gas Terminal.
Entering 2026, Petralon has already drilled the third well on the field – DI-3, to its Total Depth and will be bringing the well onstream before the end of this quarter. Petralon continues to focus on increasing and stabilising production and operations for the two wells (DI-2 and DI-3) while preparing for the next phase of development, which includes additional wells and permanent field facilities.
Petralon’s progress at Dawes Island reflects a disciplined execution approach, supported by strong partnerships and effective capital alignment. As development continues, the company remains focused on scaling responsibly and evaluating further growth opportunities across Nigeria’s upstream sector.