Seplat Energy Plc has confirmed the retirement of Dr A.B.C Orjiako from the board of the company, after the Annual General Meeting (AGM) scheduled to be held on May 18, 2022. This was stated in a...
Nigerian indigenous energy producer Seplat Energy Plc has announced its unaudited results for the three months ended 31 March 2022, showing a rise in profit before tax by 197.8 per cent to N34.7bn from N10.6bn...
Seplat Energy Plc has announced the appointment of three directors to the company’s board, according to a notice published on the Nigerian Exchange Limited on Friday The company appointed Bashirat Odunewu as an independent non-executive director,...
Rivers State Governor Nyesom Wike has declared “total war” against rampant oil theft and illegal refining that’s costing the country billions in lost revenues and contributing to environmental pollution. “It is sabotage to the nation’s economy...
The Nigerian National Petroleum Company Ltd has opted to exercise its right of first refusal over $1.6bn assets’ sale to Seplat as contained in the Joint Operating Agreement (JOA) of the ExxonMobil/NNPC Joint venture V...
Seplat Energy has announced a deal to acquire shallow-water assets of Mobil Producing Nigeria (MPN). Seplat will pay $1.283 billion for, with a potential for another $300 million. Seplat CEO Roger Brown said the deal was...
Shell Plc’s sale of a multibillion-dollar stake in a joint venture that operates oil fields in Nigeria has attracted bids from four local companies, according to people familiar with the negotiations. According to Bloomberg, Seplat Energy...
Seplat Energy is in the race to acquire the shallow water business of the local unit of American multinational oil and gas corporation ExxonMobil, Chief Financial Officer Emeka Onwuka confirmed in a statement on behalf...
Seplat Energy Plc yesterday announced the decision of its Chairman, Dr. A.B.C. Orjiako to step down as Chairman of the Board of Directors of the company. The company in a statement said that in order to...
Seplat Energy Plc has reported $62.1million as profit before deferred tax (PBT) for the first half of 2021. This represents an increase of 142.7percent as against H1’20. Highlights of the company’s financials further show that revenue...