Seplat Energy Plc has announced a major achievement in its efforts to contribute to Nigeria’s gas development, revealing that it has installed over 850 million standard cubic feet per day (MMscfd) of gas infrastructure across the country to address domestic…
Seplat Energy Plc is embarking on a major initiative to revive hundreds of idle oil wells in Nigeria after finalising its $1.28 billion purchase of ExxonMobil’s onshore oil and gas assets in Africa’s biggest oil-producing country. The move comes as Seplat aims to breathe new life…
By Olawale Afolabi Seplat Energy has announced the completion of its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil. In a statement released on Thursday, the company described the deal as transformative, highlighting its potential to more than double…
The Chief Executive Officer (CEO), Seplat energy Plc, Mr. Roger Brown has opined that Africa has the capacity to solve its own problems by leveraging its abundant gas reserves. Speaking during the ongoing Africa Oil Week (AOW) Conference and Exhibition…
Investors in the Nigerian equities market gained N241 billion at the close of trading on Wednesday. This followed a surge in the share prices of stocks like Seplat, Flour Mills, Ellah Lakes amongst others on the trading floor. After five…
By Esther Agbo Seplat Energy Plc saw a significant decline on the Nigerian Exchange (NGX) today, with its share price dropping by 8.30percent to close at N3,480. This resulted in a market capitalization decrease of N185.16 billion. Seplat’s downturn was…
The Nigerian equity market closed positive on Thursday with a gain of N6 billion, driven by investor interest in Seplat and sustained interest in Tier-one banking stocks. Specifically, gains in United Bank for Africa (UBA), Access Corporation, FBN Holdings, Guaranty…
The Nigerian National Petroleum Company (NNPC) Limited has disclosed that a settlement agreement has been signed for the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc. According to a statement on Thursday by the…
Nigeria’s stock market opened the new week on a negative note after decreasing by 0.53 percent or N297 billion. No thanks to shares of Seplat Energy Plc which recorded its highest dip this year as more investors sold the stock…
Seplat Energy Plc has announced its drilling program for 2024 with plans to deliver 13 new oil and gas wells across its operated and non-operated assets. The company disclosed this in its unaudited results for the first quarter ending March…
