Shell Plc has reached an agreement to sell its Nigerian onshore oil assets to a local consortium for over $1.3 billion, pending government approval. The purchasing consortium which the pact was sealed with comprised Renaissance, ND Western, Aradel Energy, First E&P, Waltersmith, and Petrolin. The company’s Integrated Gas and Upstream Director, Zoe Yujnovich, confirmed this […]
MTN Nigeria, one of the leading mobile network operators (MNOs) in the country, has signed a 5G2Business Memorandum of Understanding (MoU) with Seplat Energy to deploy 5G services to facilitate business optimization for the oil firm. The 5G2Business MoU demonstrated the advancements in business digital transformation in the country and analysts believe that the 5G will enable the oil firm to unlock […]
Seplat Energy Plc has reported a rise in its profit before tax (PBT) by 15.3% to N86.7 billion for 2022 financial year, from the N71 billion recorded in 2021. A corporate statement issued by the company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE) on its audited results for the year […]
As the controversies over Seplat Energy Plc’s intention to acquire assets of Mobil Producing Nigeria Unlimited (MPNU) rage on amid serious concerns among investment and legal experts, Proshare Limited’s analysts have linked the confusions over the process to flaws in the just enacted Petroleum Industry Act (PIA) 2021. The investment research and consulting services’ analysts […]
…….As NUPRC counters President Buhari’s order on deal Less than 24 hours after Seplat Energy Plc announced that President Muhammadu Buhari had approved its cash acquisition of the share capital of Mobil Producing Nigeria Unlimited (MPNU), emerging developments at the highest level of government have indicated that the purported approval may not have passed through […]
Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian and London stock exchanges, has launched the Seplat Awesome Women’s Network (SAWN) under its Seplat Gender Diversity programme at an event held in its corporate headquarters in Lagos. The Special Guest of Honour at the event and Nigeria’s Vice President, Prof. […]