Seplat Energy Plc, says it will start exporting gas to enhance foreign exchange (FX) earnings and deliver greater value to stakeholders. Mr Dotun Isiaka, Managing Director of Seplat Producing Nigeria Unlimited (SEPNU), disclosed this during a panel session organised by the Petroleum Technology Association of Nigeria (PETAN) at the ongoing …
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Seplat Petroleum Development Company Limited (also known as Seplat Energy Plc) and 12 senior officials of the company have been dragged to court by the Federal Government of Nigeria for alleged tax evasion amounting to the sum of $37.5 million, The Witness reports. The 12 officials of the oil firm listed in the …
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SEPLAT Energy Plc has recorded N1.071 trillion for the third quarter of 2024, an increase from the N478.1 billion posted in the same period of 2023. The company disclosed this in its unaudited results filed with the Nigerian Exchange Ltd. (NGX) and the London Stock Exchange on Tuesday. The …
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NIGERIA is poised to approve ExxonMobil’s $1.28bn deal to sell its onshore assets to Seplat Energy in the coming days, following regulatory clearance, President Bola Tinubu announced on Tuesday. This move is expected to further signal Nigeria’s openness to investment in its oil sector. The deal, initially announced in …
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SEPLAT Energy PLC will pay N28 billion in interim dividends to its shareholders for the second quarter of 2024. A corporate disclosure on the NGX website shows that the company will use an exchange rate of N1,570.99 per dollar—NAFEM’s closing rate on August 12—for its Q2 2024 interim dividend payment. …
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Seplat Energy PLC, leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, says Nigeria’s sub-surface potentials[sic] could be largely optimized and oil/gas production levels increased if divestment and other related deals are expedited. The CEO Seplat Energy, Mr. Roger Brown, said this at …
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THE Management of Nigeria’s indigenous oil and gas company, Seplat Energy Plc, has congratulated Nigerian workers on the commemoration of the 2023 Workers’ Day. The company also appreciates its workforce “for being part of the success story recorded at the start of (the) 2023 operational year.” In a statement by …
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Nigeria’s federal government has filed criminal charges against Seplat Energy PLC, its chief executive officer (CEO), Mr Roger Brown, and the board chairman, Mr Basil Omiyi, over alleged breach of extant provisions of the Immigration Act 2015. The government also charged the independent non-executive directors (INED), Dr Charles Okeahalam, Mrs …
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SEPLAT Energy says it has terminated a consultancy agreement involving the company’s wholly owned subsidiary, as well as Bryant Orjiako, its co-founder and immediate past chairman. Disclosing this in a statement on Thursday signed by Basil Omiyi, its board chairman; Seplat did not state the name of the said subsidiary. …
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•L-R: Austin Avuru, Layi Fatona and ABC Orjiako Austin Avuru, pioneer CEO of Seplat Energy, and Dr. ABC Orjiako, pioneer chairman of the Nigerian independent may be moving from the courtroom to the negotiating table if emerging feelers from a peace meeting brokered by a respected oil man, Dr. Layi Fatona, …
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