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Seplat Energy Strengthens Commitment to Nigeria’s Energy Transformation- The News Chronicle


Seplat Energy Plc has truly declared its dedication to taking full benefit of Nigeria’s energy capability, inserting itself as an important motorist of sectoral makeover and nationwide progress.

With big gasoline will get inside its property profile, the agency sees a risk to spice up energy era and drive monetary development.

Seplat’s Vision for Nigeria’s Energy Future

Speaking on the Nigerian International Energy Summit (NIES) in Abuja, Roger Brown, CHIEF EXECUTIVE OFFICER of Seplat Energy, highlighted the agency’s unwavering dedication to sustainability, administration, and openness– important variables that make it a well-liked companion for international oil companies (IOCs) unloading properties.

“We operate under stringent sustainability and governance frameworks enforced by regulators and investors in Nigeria and internationally. This ensures full transparency in our asset management and environmental responsibilities,” Brown specified.

According to Brown, Nigeria’s energy business holds large untapped capability, particularly in subsurface sources. He repeated that Seplat is completely devoted to opening these probabilities to drive makeover and monetary improvement.

A New Era for Nigeria’s Energy Industry

With its present procurement of Mobil Producing Nigeria Unlimited (presently Seplat Energy Producing Nigeria Unlimited– SEPNU), Seplat has truly significantly broadened its influence within the sector. Brown defined this as a “new dawn” for Nigeria’s energy panorama, highlighting Seplat’s obligation as a number one strain within the nation’s oil and gasoline business.

“This acquisition aligns with the government’s objectives to increase oil and gas production for national development. As a trusted partner, we are committed to delivering long-term value while ensuring energy security for Nigerians,” Brown claimed.

The procurement concretes Seplat Energy’s standing as one in every of Nigeria’s largest oil and gasoline producers, enhancing its obligation in sustaining manufacturing, creating work, and driving monetary improvement.

Seplat’s Proven Track Record and Global Recognition

Seplat Energy has truly regularly proven its capability as a good driver and accountable guardian of Nigeria’s pure deposits. Since its creation over 15 years earlier, the agency has truly constructed a credibility for efficiency, practical high quality, and property optimization.

Seplat’s double itemizing on the Nigerian Exchange (NGX) and the London Stock Exchange (LSE) in 2014 extra strengthened its standing within the worldwide financial markets. The itemizing was an affidavit to financiers’ self-confidence in its service model, administration necessities, and improvement capability.

“We have consistently proven our ability to acquire, manage, and enhance asset production, creating value for all stakeholders. Our track record shows that we are more than capable of leading Nigeria’s energy evolution,” Brown verified.

Driving Sustainability and Economic Development

Seplat Energy’s emphasis prolongs previous merely oil and gasoline elimination– the agency is proactively shopping for lasting energy treatments to maintain Nigeria’s change to a way more diversified and sturdy energy business.

Key areas of emphasis encompass:

  • Enhancing gasoline manufacturing to spice up Nigeria’s energy era capability.
  • Upholding best-in-class ecological and administration necessities to satisfy worldwide ESG (Environmental, Social, and Governance) assumptions.
  • Strengthening collaborations with the federal authorities and financial sector to extend framework progress.

As Nigeria browses a rapidly advancing worldwide energy panorama, Seplat Energy is well-positioned to steer the charge in altering the business, guaranteeing energy safety, and supplying long-lasting monetary benefits to the nation.

With a examined efficiency historical past, strong administration, and a transparent imaginative and prescient for the longer term, Seplat Energy isn’t merely a market gamer– it’s a driver for nationwide development.



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