Skip to content
Seplat evolution: From $530m debt, $835m payout, $3.93bn capitalization to $1bn dividend outlook
Seplat Energy Plc has unveiled an aggressive five-year expansion programme that could see the Nigerian independent energy company ramp up production to 500,000 barrels per day, deploy massive capital into its portfolios and return about $1 billion in dividends to…
Seplat urges firms to morph sustainability from CSR to core business strategy
Africa-focused energy independent Seplat Energy Plc has credited the prioritisation of sustainability as a core business strategy with strengthening its ability to manage risks, improve decision-making and create long-term value across its operations. Seplat also urged other businesses to move…
Seplat CEO tasks indigenous firms on asset integrity, optimization
The Chief Executive Officer of Seplat Energy Plc, Engr. Effiong Okon, has urged Nigeria’s indigenous oil and gas operators to prioritise asset integrity, address operational obsolescence and extend the lifespan of critical infrastructure to maximise asset value, improve investment returns…
Tony Elumelu Chairs the board, Okon runs the management of Seplat
Seplat Energy Plc has announced a major leadership transition, appointing leading African businessman and investor, Tony Elumelu, as its next Chairman and naming Engr. Effiong Okon as Chief Executive Officer. The appointments come as part of moves by Seplat to…
Seplat $840.7m Q1 revenue, strong dividend and sturdy cash flow
Ziggy Ojiegbe Seplat Energy has reported a solid financial and operational performance for the first quarter of 2026, posting higher revenue, profit growth and a significant increase in shareholder returns, despite operational challenges during the period. The dual-listed energy firm,…
Seplat sweeps awards as stock shares hit N10,000 benchmark
Bode Adeeyo Shares of Seplat Energy Plc climbed above the ₦10,000 mark for the first time, as the indigenous oil and gas producer capped a strong run with multiple industry and market awards that signal rising investor confidence in its…
NCDMB, Seplat move to launch gas Centre of Excellence at DELSU
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) and Seplat Energy Plc have advanced plans for the take-off of a Centre of Excellence in Gas Development at Delta State University (DELSU), following a high-level engagement with the university’s…
Seplat JV advocates sustainability with more STEAM laboratories in Edo schools
The NNPC Exploration and Production Limited (NEPL)/Seplat Energy Joint Venture has commissioned two Science, Technology, Engineering, Arts and Mathematics (STEAM) laboratories built at the Ogbe and Uselu Secondary Schools in Oredo and Ikpoba Okha Local Government Areas of Edo State…
After buying out M&P, Tony Elumelu takes seat in Seplat Energy’s board
Sopuruchi Onwuka Following the completion of a deal to acquire the entire 20.07 percent equity stake held by Etablissements Maurel et Prom (M&P) SA, Nigerian billionaire investor Tony Elumelu has joined the board of Seplat Energy Plc as a Non-Executive…
Seplat’s 300MMscfd ANOH Gas Project delivers first commercial gas
Sopuruchi Onwuka Seplat Energy Plc has announced the commencement of commercial operations at its long-awaited Asa North and Ohaji (ANOH) Gas Processing Plant, marking a major milestone for Nigeria’s domestic gas sector. The indigenous energy company, listed on the Nigerian…
