By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Seplat is Fastest Growing Nigerian Independent Energy Company, Says Energy Times
Share
Sign In
Notification Show More
Latest News
NIMC Launches NIN Authentication Service As Tinubu Approves Its Use Across MDAs
Metro News Politics
Seplat Energy Committed to Leading Nigeria’s Indigenous Gas Revolution
Business News Oil & Gas
Aviation Minister Meets Brazilian Counterpart, Direct Air Link Deal Sealed
Aviation Business News
Nigeria, the Gambia to collaborate toward developing tourism
Hospitality Metro News Travel/Leisure
Benue Assembly Rejects Invitation To Appear Before National Assembly
Legal/Courts Metro News Politics
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Oil & Gas > Seplat is Fastest Growing Nigerian Independent Energy Company, Says Energy Times
Awards and RecognitionsBusinessNewsOil & Gas

Seplat is Fastest Growing Nigerian Independent Energy Company, Says Energy Times

Publisher
By Publisher Published April 15, 2025
Share
3 Min Read
SHARE

L-R: Stanley Opara, Manager Corporate Communications, Seplat Energy Plc; Mallam Yakubu Lawal, Editorial Board Chairman, Energy Times Newspaper; Chief Chamberlain Oyibo, former Group Managing Director of NNPC Limited; and Grace Amadi, General Manager, Partner Relations, at the Energy Times Newspaper Awards. where Seplat Energy emerged as the Fastest Growing Nigerian Independent Energy Company … in Lagos recently.

By Chidi Ugwu

Nigeria’s foremost energy sector publication, Energy Times Newspaper, has named Seplat Energy Plc as the Fastest Growing Nigerian Independent Energy Company for the 2024 business year.

- Advertisement -
Ad image

The publication announced Seplat Energy as the winner of the awards at its prestigious Energy Times Awards held in Lagos at the weekend.

Energy Times is a leading weekly newspaper based in Lagos, Nigeria, focusing on oil, gas, power, maritime and renewable energy reportage.

According to the Publisher/Editor-In-Chief of the newspaper, Mr. Kayode Ekunday, the award is hinged on Seplat Energy’s completion of its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil Corporation, now renamed Seplat Energy Producing Nigeria Unlimited (SEPNU).  The transaction, which has been widely described as transformative for the company, will see it more than double its current production.

“This feat has, indeed, reaffirmed Seplat Energy’s position as a leader in the Nigerian indigenous independent energy space with remarkable growth in business and assets,” Ekundayo said.

The completion of the acquisition has created Nigeria’s leading independent energy company, with the enlarged company having equity in 11 blocks (onshore and shallow water Nigeria); 48 producing oil and gas fields; 5 gas processing facilities; and 3 export terminals, as at the time of Change-In-Control (CiC).

The acquisition of the entire issued share capital of MPNU adds the following assets to the Seplat Group: 40% operated interest in OML 67, 68, 70 and 104; 40% operated interest in the Qua Iboe export terminal and the Yoho FSO; 51% operated interest in the Bonny River Terminal (‘BRT’) NGL recovery plant; 9.6% participating interest in the Aneman-Kpono field; and approximately 1,000 staff and 500 contractors transitioning to the Seplat Group – making the Company one of the fastest growing companies in the globe.

Seplat Energy was represented at the Energy Times Awards ceremony by the General Manager, Partner Relations, Mrs. Grace Amadi; and Manager Corporate Communications, Mr. Stanley Opara.

Commenting on the award, Mrs. Amadi lauded the Energy Times team for recognizing Seplat Energy for its sustained drive and achievements. According to her, the recent acquisition has positioned the Company to drive growth and profitability, whilst contributing significantly to Nigeria’s future prosperity.

The award ceremony had in attendance other energy companies (oil & gas, renewables and power), service companies, banks, regulators, national oil company, academia and the media.

Like this:

Like Loading...

Related

You Might Also Like

NIMC Launches NIN Authentication Service As Tinubu Approves Its Use Across MDAs

Seplat Energy Committed to Leading Nigeria’s Indigenous Gas Revolution

Aviation Minister Meets Brazilian Counterpart, Direct Air Link Deal Sealed

Nigeria, the Gambia to collaborate toward developing tourism

Benue Assembly Rejects Invitation To Appear Before National Assembly

TAGGED: Oil and Gas Industry, Seplat, Seplat energy

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher April 15, 2025
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Tanzania Envoy Visits Aviation Minister, Discusses Direct Flight Request by Air Tanzania
Next Article Enugu Embraces opportunity to host MBA Conference
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

NIMC Launches NIN Authentication Service As Tinubu Approves Its Use Across MDAs
Metro News Politics May 8, 2025
Seplat Energy Committed to Leading Nigeria’s Indigenous Gas Revolution
Business News Oil & Gas May 7, 2025
Aviation Minister Meets Brazilian Counterpart, Direct Air Link Deal Sealed
Aviation Business News May 7, 2025
Nigeria, the Gambia to collaborate toward developing tourism
Hospitality Metro News Travel/Leisure May 7, 2025

You Might also Like

MetroNewsPolitics

NIMC Launches NIN Authentication Service As Tinubu Approves Its Use Across MDAs

May 8, 2025
BusinessNewsOil & Gas

Seplat Energy Committed to Leading Nigeria’s Indigenous Gas Revolution

May 7, 2025
AviationBusinessNews

Aviation Minister Meets Brazilian Counterpart, Direct Air Link Deal Sealed

May 7, 2025
HospitalityMetroNewsTravel/Leisure

Nigeria, the Gambia to collaborate toward developing tourism

May 7, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d