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Energy Industry Stakeholders Applaud Seplat Energy’s MPNU Acquisition- Independent Newspaper Nigeria


Seplat Energy Plc, main Nigerian energy agency famous on each the Nigerian Exchange Limited and the London Stock Exchange, has truly obtained broad acknowledgment from the Nigerian energy sector and numerous different worldwide stakeholders for its present conclusion of the Mobil Producing Nigeria Unlimited (MPNU) procurement.

Seplat Energy completed the provide on the procurement of MPNU– relabelled Seplat Energy Producing Nigeria Unlimited (SEPNU) from ExxonMobil in December 2024.

The energy stakeholders praised the agency on the steady Nigeria International Energy Summit (NIES) in Abuja, the place Seplat Energy’s Chief Executive Officer,Mr Roger Brown, was honoured with an honor.

The NIES is the primary energy sector event of the Federal Government of Nigeria supported on theFederal Executive Council It is the worldwide system for enhancing conversations, communications finalizing of top-level affords.

The organisers of the NIES outlined the provide conclusion as transformative for Seplat Energy, Nigeria and the Nigerian people while lauding Seplat Energy for its resolution, emphasis and dedication to all stakeholders.

In his assertion, the Seplat Energy CHIEF EXECUTIVE OFFICER,Mr Brown given because of President Bola Ahmed Tinubu GCFR, for sustaining the acquisition, and valued the help and persistance of the quite a few Ministries and regulatory authorities for all of the job to get to an efficient remaining thought.

According to him, the agency’s goal is to produce value to all its stakeholders, because it prizes the nice connections which have truly been created with the federal authorities, regulatory authorities, neighborhoods and personnel.


Energy Industry Stakeholders Applaud Seplat Energy’s MPNU Acquisition- Independent Newspaper Nigeria

The procurement has the aptitude of higher than growing manufacturing and positioning Seplat Energy to drive growth and success, while including dramatically to Nigeria’s future success.

The conclusion of the procurement has truly developed Nigeria’s main unbiased energy agency, with the larger agency having fairness in 11 blocks (onshore and superficial water Nigeria); 48 producing oil and gasoline areas; 5 gasoline dealing with facilities; and three export terminals.

The procurement of the entire granted share sources of MPNU consists of the complying with properties to the Seplat Group: 40% ran ardour in OML 67, 68, 70 and 104; 40% ran ardour within the Qua Iboe export incurable and the Yoho FSO; 51% ran ardour within the Bonny River Terminal (‘BRT’) NGL therapeutic plant; 9.6% getting concerned ardour within the Aneman-Kpono space; and about 1,000 personnel and 500 service suppliers have truly transitioned to the Seplat Group.

This extremely attaches to Seplat Energy’s goal of supplying value to all its stakeholders, and developing a long-lasting firm that may provide finances pleasant, obtainable and reliable energy for Nigeria.



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