2025 Sustainability Report

Responsible Performance. Shared Progress.

Discover how FIRST E&P advanced climate action, safe
operations, economic contribution, local content and
community impact in 2025.

2025 Highlights at a Glance

FIRST E&P's journey toward responsible performance and shared progress.

Decarbonisation & Climate

28.4
%
Scope 1 GHG Reduction

Gas Utilisation

72
%
Gas Utilisation Rate
(up from 44% in
FY2024)

Operational Safety Excellence

11.2
M+
LTI-Free Person-Hours

Biodiversity & Ecosystems

100,593
Healthy Seedlings
Verified & Ready for
Planting

Financial Performance

US$
 288
m
EBITDA

Economic Contribution

US$
191.1
m
Total Taxes Paid to
Nigeria

Community Healthcare

148
Cardiac Surgeries (95% Success Rate)

Education & Youth Empowerment

81
Scholarships Awarded & 7 Schools Upgraded

Social Investment

₦287
m
Grants to 12 NGO
Implementation Partners

Local Content

80
%
Local Content Achieved

An Evidence-Led Account of Responsible Performance

FIRST E&P's 2025 Sustainability Report presents an evidence-led account of how the Company is pursuing responsible performance and creating value for stakeholders.

During the year, FIRST E&P recorded progress in emissions reduction and gas utilisation, sustained strong safety performance, contributed to Nigeria through taxes, royalties, local content and host-community funding, and continued targeted investments in healthcare, education, biodiversity and social development.

The report brings these outcomes together to show how operational delivery, environmental stewardship and social impact support resilient, long-term growth.

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Performance Stories

Our sustainability strategy is built on integrated performance across four
pillars of impact.

Financial Performance

Financial Performance

Decarbonisation; gas utilisation and flare reduction;
ALEC biodiversity and ecosystem restoration.

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Operations

Safe & Responsible Operations

Operational safety; Goal Zero;
financial and operational
performance.

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Our Economic Contributions to the Nation

Value for Nigeria

Taxes, royalties, NCDMB levy,
HCDT disbursement, local
content and supply-chain
participation.

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Our People

People & Communities

Healthy Hearts, scholarships,
school upgrades and Impact
FIRST NGO partnerships.

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Environmental Stewardship

Climate & Nature

Decarbonisation; gas utilisation and flare reduction;
ALEC biodiversity and ecosystem restoration.

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Operations

Safe & Responsible Operations

Operational safety; Goal Zero;
financial and operational
performance.

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Our Economic Contributions to the Nation

Value for Nigeria

Taxes, royalties, NCDMB levy,
HCDT disbursement, local
content and supply-chain
participation.

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Leadership Perspective

"Our 2025 results demonstrate that responsible performance and strong business outcomes are not competing priorities — they are mutually reinforcing. Every metric in this report reflects the commitment of our people to operate safely, contribute meaningfully to Nigeria, and steward the environment for future generations."

Ademola Adeyemi-Bero
Managing Director / Chief Executive Officer
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