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ExxonMobil divestment hits another snag
As Seplat hits Orjiako with N5 bn litigation Sopuruchi Onwuka Plans by Seplat Energy Plc and ExxonMobil to press on with closure of the stalled asset divestment before President Muhammadu Buhari’s administration leaves office may be difficult to deliver after…
Deportation: Mr Brown pushed aside as Seplat’s CEO
Sopuruchi Onwuka Following a court injunction and immigration hammer, the Chief Executive Officer of Seplat Energy Plc, Mr Roger Brown, has delegated authority to the company’s Chief Operating Officer pending when all issues relating to his immigration status are resolved….
ExxonMobil, Seplat working to unblock $1.2 bn divestment deal
Nigeria to compete for further deepwater investments Sopuruchi Onwuka American multinational oil company, ExxonMobil, is hopeful to progress with its plans to claw back princely $1.2 billion from its brownfield petroleum assets trapped in joint venture operations with the Nigeria…
Seplat canvasses enhanced energy capital deployment in Africa
For Africa to achieve major development goals and power its own economies as well as export energy, energy capital should be deployed to the continent. The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown said this at the World…
Energy transition is creating huge opportunities in Nigeria, Seplat CEO
Energy transition creates huge opportunities in Nigeria as it supports economic and social development, job creation, improved health and education, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown has said. Mr. Brown said this during a panel session…
PEALs Quiz: Green Park Academy earns Seplat’s project funds, scholarships
Sopuruchi Onwuka Indigenous multinational energy independent, Seplat, will assist Green Park Academy, Edo State, with project funds and scholarships after the school won the 11th edition of Seplat JV PEARLs Quiz. Seplat’s spokesman, Dr Chioma Nwachuku, stated that the PEARLs…
Seplat still optimistic on Mobil acquisition
Indigenous energy multinational, Seplat energy Plc, has assured stakeholders that its Sales & Purchase Agreement (SPA) signed on 25 February 2022 to acquire Exxon’s shallow water operations in Nigeria, MPNU, remains valid. The company stated in its quarterly operations briefing…
Seplat declares N258.7 bn Q3 revenue, N118.5 bn profit
Sopuruchi Onwuka Indigenous upstream poster child, Seplat Energy Plc, lives up to its performance reputation with impressive third quarter financials that project massive jumps in operating income, associated margins and rewards to investors. The company which has remained vehement with…
Seplat Energy’s transition priorities excite global stakeholders 
Gas monetization, ending flares, others top agenda Seplat Energy Plc, leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, says that its energy transition priorities remain to end flaring, monetise gas, displace diesel and biomass with cleaner fuel, extend…
ExxonMobil-Seplat Deal: When regulator overrides the minister
Sopuruchi Onwuka The sturdy grip of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on the moves by the American multinational petroleum giant, ExxonMobil, to divest its Nigerian affiliate to indigenous independent energy firm, Seplat Energy Plc, has thrown up the…
