Tag: Seplat

News

Seplat’s revenue hits $1bn in 2023

Seplat Energy Plc, an energy coy listed on both the Nigerian Exchange Limited and the London Stock Exchange has revealed an increase of 11.5 per cent revenue to $1,061.3 million, crossing the $1.0 billion mark for the first time. This was disclosed at its 11th Annual General Meeting held virtually on Thursday, according to Daily […]

News

Seplat eyes additional 390m gas production by end of 2024

Seplat Energy’s Chief Operating Officer, Samson Ezugworie, has announced plans for the company to significantly ramp up its gas production capacity. Speaking on the sidelines of the Oil Technology Conference in Houston, Texas, Ezugworie revealed that Seplat aims to increase its gas production by an additional 390 million standard cubic feet by the end of […]

How increased electricity access will drive investment - Seplat
Oil and Gas

Seplat to construct $250m gas plant in Delta

Seplat PLC’s Director of New Energy, Mr. Effiong Okon, has revealed the company’s intentions to construct a new $250 million gas plant in Sapele, Delta state, as part of its continuous investment in the oil and gas industry’s downstream sector. According to The Times, Mr Effiong revealed this in the Nigeria Oil and Gas Outlook event […]

NIS restores Seplat CEO Roger Brown's immigration documents
Uncategorized

NIS restores Seplat CEO Roger Brown’s immigration documents

The Nigeria Immigration Service and the Ministry of Interior have stated that Seplat Energy’s Chief Executive Officer, Mr. Roger Brown,’s immigration documents have been restored. The company further stated that after the documents were restored, Mr. Brown was reinstated in his position as the company’s CEO. This was revealed in the company’s notice to the Nigerian Exchange Limited. The […]

How increased electricity access will drive investment - Seplat
Oil and Gas

Seplat Energy records 36.9% revenue growth despite crisis

Seplat Energy Plc, an indigenous oil exploration business, increased its revenue from $241.8 million to $331 million in the first quarter of 2023, a 36.9% increase. The Punch reported that the company’s core annual dividend aim was raised by 20% to US 12 cents with a quarterly dividend of three cents, according to its unaudited financial […]

Seplat searches for new chairman after Omiyi's resignation
Appointments

Seplat searches for new chairman after Omiyi’s resignation

Seplat Energy Plc has announced preparations to begin a search for a new board chairman following the retirement of Mr Basil Omiyi. Omiyi made the announcement of his resignation as Seplat Energy board chairman in a statement on Tuesday. He also revealed the resignation of the firm’s Independent Non-Executive Director, Dr. Charles Okeahalam, from the […]

Controversy as Seplat disputes ExxonMobil deal cancellation
Business

Seplat hands FG required documents in CEO’s immigration suit

An energy company, Seplat, stated on Thursday that it has provided the necessary documents concerning its CEO, Roger Brown, to the Nigerian Government. This statement came after news had emerged earlier that day that the Nigerian Federal Government had pressed charges against Seplat Energy Plc and its CEO for violating the Immigration Act of 2015. […]