Tag: Seplat Energy

FG fast-tracks dormant oil wells revival as Nigeria targets higher crude output amid price surge

Business Damilola Bayonle -
Nigeria is intensifying efforts to recover lost crude output and capitalise on favourable oil prices, as regulators move to...

Equities market adds N1.27trn as renewed buying interest fuels fourth straight rally

Business Damilola Bayonle -
Nigeria’s equities market extended its bullish run on Thursday, recording a sharp increase in value as renewed investor appetite...

Seplat intensifies drive to end routine gas flaring as Nigeria targets net-zero future

Business Damilola Bayonle -
Seplat Energy Plc has intensified its campaign against routine gas flaring, positioning the move as a critical step in...

Elumelu becomes Seplat’s largest shareholder in landmark, $496m Deal

Business Damilola Bayonle -
The transaction through which Elumelu becomes Seplat’s largest shareholder underscores a carefully structured long-term investment strategy aligned with Heirs...

Seplat Reawakens 29 Wells, Adds 26,000bpd Crude Output

Business Damilola Bayonle -
Seplat Energy Plc, one of Nigeria’s leading independent energy companies, has successfully reactivated 29 dormant oil wells in the...

Local Oil Firms Now Account for 50% of Nigeria’s Crude Production – Report

Business Damilola Bayonle -
Nigeria’s oil and gas industry is undergoing a transformative shift, with local oil companies now responsible for over 50...

Seplat Boosts Capacity to Power Nigeria’s Gas Revolution

Business Damilola Bayonle -
In a significant move to reinforce Nigeria’s gas sector transformation, Seplat Energy Plc has reiterated its strong commitment to...